Taman Nam Seng in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM310K and a median price per square foot (PSF) of RM199.

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 RM310K, with most transactions falling within a stable range of RM280K to RM340K, and a typical market range of RM280K to RM340K.

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

For price per square foot, the median is RM199, with most transactions between RM196 and RM202. The usual range is RM183.03 to RM215.03, showing that most units are priced quite close to each other. A typical spread (IQR) of RM32.00 and an average deviation (MAD) of RM3 indicate a highly stable PSF trend across properties.

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.