Taman Nam Seng

75050 Melaka, Malaysia

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Market Snapshot

Residential

RM280,000

RM196 psf

Median transaction price

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Taman Nam Seng, 75050 Melaka, Malaysia

Maps

Taman Nam Seng in Melaka Tengah, Melaka recorded 0 subsale transactions between 2021 and 2026, with a median price of RM280K and a median price per square foot (PSF) of RM196.

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 RM280K, with most transactions falling within a stable range of RM250K to RM310K, and a typical market range of RM249K to RM311K.

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

The median PSF stands at RM196, with core pricing between RM176 and RM216. Market pricing typically extends from RM180.00 to RM212.00, reflecting moderate variation in unit pricing. With an IQR of RM32.00 and MAD of RM20, 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.