Area Intelligence

TMN GADONG PERDANA(GADONG UTAMA SEC.1)

15 properties
2022
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Median Price
RM 321,000
PSF: RM 207

Residential Market

Median Price

RM 290,000

IQR: RM 79
MAD: RM 32
RM 199 PSF 6.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 517,500

IQR: RM 30
MAD: RM 10
RM 337 PSF 10.3%

PSF Trends (2021-2025)

TMN GADONG PERDANA(GADONG UTAMA SEC.1) in Melaka Tengah, Melaka recorded 15 subsale transactions in 2022, with a median price of RM 321K and a median price per square foot (PSF) of RM 207.

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 321K, with most transactions falling within a stable range of RM 195K to RM 447K, and a typical market range of RM 262K to RM 380K.

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 207, though individual units vary from RM 125 to RM 289 in the core range. The broader market spans RM 163.25 to RM 250.75, indicating diverse property characteristics. A wider spread (IQR: RM 87.50) and deviation (MAD: RM 82) 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

15 properties grouped by size

1,150 sqft
1 units Low-Cost House
RM 110,000
JALAN GP 15
1,141 sqft · RM 96.00 PSF
Dec 2022
1,300 sqft
3 units Single Storey Terraced
RM 350,000
JALAN GP 11
1,302 sqft · RM 269.00 PSF
Sep 2022
RM 321,000
JALAN GP
1,302 sqft · RM 246.00 PSF
Apr 2022
RM 330,000
JALAN GP 10
1,302 sqft · RM 253.00 PSF
Apr 2022
1,350 sqft
1 units Low-Cost House
RM 120,000
JALAN GP 15
1,367 sqft · RM 88.00 PSF
Nov 2022
1,400 sqft
4 units Single Storey Terraced
RM 260,000
JLN GP 16
1,399 sqft · RM 186.00 PSF
Sep 2022
RM 290,000
JLN. GP 12
1,399 sqft · RM 207.00 PSF
Aug 2022
RM 230,000
JALAN GP 16
1,399 sqft · RM 164.00 PSF
May 2022
RM 280,000
JLN. GP.14
1,410 sqft · RM 199.00 PSF
Feb 2022
1,500 sqft
1 units Single Storey Terraced
RM 270,000
JLN. GP 16
1,518 sqft · RM 178.00 PSF
Sep 2022
1,550 sqft
4 units
RM 555,000
Double Storey Shop JALAN GP 1
1,539 sqft · RM 361.00 PSF
Nov 2022
RM 480,000
Double Storey Shop JLN GP 1
1,539 sqft · RM 312.00 PSF
Nov 2022
RM 405,000
Double Storey Terraced JLN GP 9
1,539 sqft · RM 263.00 PSF
Sep 2022
RM 538,000
Double Storey Terraced JLN GP 8
1,539 sqft · RM 350.00 PSF
Aug 2022
3,200 sqft
1 units Single Storey Terraced
RM 380,000
JLN GP 22
3,218 sqft · RM 118.00 PSF
Mar 2022