Area Intelligence

TMN GADONG PERDANA(GADONG UTAMA SEC.1)

11 properties
2024
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Median Price
RM 315,000
PSF: RM 225

Residential Market

Median Price

RM 315,000

IQR: RM 79
MAD: RM 32
RM 225 PSF 6.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 480,000

IQR: RM 30
MAD: RM 10
RM 312 PSF 10.3%

PSF Trends (2021-2025)

TMN GADONG PERDANA(GADONG UTAMA SEC.1) in Melaka Tengah, Melaka recorded 11 subsale transactions in 2024, with a median price of RM 315K and a median price per square foot (PSF) of RM 225.

This area contains both residential and commercial properties. View 39 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 315K, with most transactions falling within a stable range of RM 250K to RM 405K, and a typical market range of RM 256K to RM 374K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 225, though individual units vary from RM 164 to RM 287 in the core range. The broader market spans RM 181.25 to RM 268.75, indicating diverse property characteristics. A wider spread (IQR: RM 87.50) and deviation (MAD: RM 62) indicate significant PSF variations, likely due to diverse property types or conditions.

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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TMN GADONG PERDANA(GADONG UTAMA SEC.1), Melaka Tengah, Melaka

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Transactions

11 properties found

Single Storey Terraced JALAN GP 12
RM 320,000
1,399 sqft Oct 2024
RM 229.00 PSF
Single Storey Terraced JLN. GP. 17
RM 315,000
1,399 sqft Oct 2024
RM 225.00 PSF
Single Storey Terraced JLN. GP 2
RM 318,000
1,195 sqft Aug 2024
RM 266.00 PSF
Single Storey Terraced JLN. GP 4
RM 260,000
1,206 sqft Jul 2024
RM 216.00 PSF
Single Storey Terraced JLN. GP 16
RM 300,000
1,765 sqft Apr 2024
RM 170.00 PSF
Single Storey Terraced LORONG 1, JLN. GP 3
RM 250,000
1,206 sqft Mar 2024
RM 207.00 PSF
Single Storey Terraced LRG 1,JLN GP10
RM 300,000
1,302 sqft Mar 2024
RM 230.00 PSF
Double Storey Terraced JLN GP 3
RM 400,000
2,486 sqft Mar 2024
RM 161.00 PSF
Double Storey Terraced JLN GP 3
RM 385,000
1,302 sqft Feb 2024
RM 296.00 PSF
Single Storey Terraced JLN GP 18
RM 295,000
1,722 sqft Jan 2024
RM 171.00 PSF
Double Storey Terraced JALAN GP 7
RM 590,000
1,539 sqft Jan 2024
RM 383.00 PSF