TAMAN PADANG RIA

TAMAN PADANG RIA in Melaka Tengah, Melaka recorded 9 subsale transactions in 2024, with a median price of RM 310K and a median price per square foot (PSF) of RM 217.

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 310K, with most transactions falling within a stable range of RM 310K to RM 311K, and a typical market range of RM 310K to RM 313K.

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

For price per square foot, the median is RM 217, with most transactions between RM 213 and RM 221. The usual range is RM 154.50 to RM 279.50, showing that most units are priced quite close to each other. With an IQR of RM 125.00 and MAD of RM 4, the PSF demonstrates reasonable consistency across the market.

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. Limited transaction history suggests carefully evaluating comparable sales data.