Area Intelligence

GARDEN CITY

4 properties
Flat
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Median Price
RM 155,000
PSF: RM 264

Residential Market

Median Price

RM 155,000

IQR: RM 67
MAD: RM 28
RM 264 PSF 5.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

GARDEN CITY in Melaka Tengah, Melaka recorded 4 Flat properties subsale transactions between 2021 and 2025 for flat properties, with a median price of RM 155K and a median price per square foot (PSF) of RM 264.

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 155K, with most transactions falling within a stable range of RM 140K to RM 186K, and a typical market range of RM 140K to RM 195K.

Within the Flat category, condominium/apartment dominated the market, though some variety exists in the market.

The median PSF stands at RM 264, with core pricing between RM 211 and RM 317. Market pricing typically extends from RM 230.50 to RM 297.50, reflecting moderate variation in unit pricing. The spread of RM 67.00 (IQR) and deviation of RM 53 (MAD) suggest moderate price variations reflecting different property features.

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. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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GARDEN CITY, Melaka Tengah, Melaka

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Transactions

4 properties grouped by size

600 sqft
4 units Flat
RM 140,000
592 sqft · RM 236.00 PSF
Sep 2024
RM 160,000
581 sqft · RM 275.00 PSF
Aug 2024
RM 220,000
592 sqft · RM 372.00 PSF
Jun 2023
RM 150,000
592 sqft · RM 253.00 PSF
Mar 2022