TAMAN PADANG RIA

TAMAN PADANG RIA in Melaka Tengah, Melaka recorded 49 subsale transactions between 2021 and 2025, with a median price of RM 300K and a median price per square foot (PSF) of RM 196.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 300K, with most transactions falling within a stable range of RM 280K to RM 320K, and a typical market range of RM 235K to RM 322K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

Price per square foot shows a median of RM 196, though individual units vary from RM 138 to RM 254 in the core range. The broader market spans RM 133.50 to RM 258.50, indicating diverse property characteristics. A wider spread (IQR: RM 125.00) and deviation (MAD: RM 58) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.