Area Intelligence

GARDEN CITY

53 properties
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Median Price
RM 175,000
PSF: RM 232

Residential Market

Median Price

RM 175,000

IQR: RM 67
MAD: RM 28
RM 232 PSF 5.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

GARDEN CITY in Melaka Tengah, Melaka recorded 53 subsale transactions between 2021 and 2025, with a median price of RM 175K and a median price per square foot (PSF) of RM 232.

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 175K, with most transactions falling within a stable range of RM 140K to RM 210K, and a typical market range of RM 135K to RM 215K.

Most transactions involved condominium/apartment, though some variety exists in the market.

The median PSF stands at RM 232, with core pricing between RM 204 and RM 260. Market pricing typically extends from RM 198.50 to RM 265.50, reflecting moderate variation in unit pricing. With an IQR of RM 67.00 and MAD of RM 28, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.

Area Location

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GARDEN CITY, Melaka Tengah, Melaka

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Transactions

53 properties found

Condo/Apartment
RM 120,000
549 sqft Sep 2021
RM 219.00 PSF
Condo/Apartment
RM 120,000
603 sqft Aug 2021
RM 199.00 PSF
Condo/Apartment
RM 320,000
980 sqft Jul 2021
RM 327.00 PSF