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 grouped by size

1,200 sqft
3 units Single Storey Terraced
RM 318,000
JLN. GP 2
1,195 sqft · RM 266.00 PSF
Aug 2024
RM 260,000
JLN. GP 4
1,206 sqft · RM 216.00 PSF
Jul 2024
RM 250,000
LORONG 1, JLN. GP 3
1,206 sqft · RM 207.00 PSF
Mar 2024
1,300 sqft
2 units
RM 300,000
Single Storey Terraced LRG 1,JLN GP10
1,302 sqft · RM 230.00 PSF
Mar 2024
RM 385,000
Double Storey Terraced JLN GP 3
1,302 sqft · RM 296.00 PSF
Feb 2024
1,400 sqft
2 units Single Storey Terraced
RM 320,000
JALAN GP 12
1,399 sqft · RM 229.00 PSF
Oct 2024
RM 315,000
JLN. GP. 17
1,399 sqft · RM 225.00 PSF
Oct 2024
1,550 sqft
1 units Double Storey Terraced
RM 590,000
JALAN GP 7
1,539 sqft · RM 383.00 PSF
Jan 2024
1,700 sqft
1 units Single Storey Terraced
RM 295,000
JLN GP 18
1,722 sqft · RM 171.00 PSF
Jan 2024
1,750 sqft
1 units Single Storey Terraced
RM 300,000
JLN. GP 16
1,765 sqft · RM 170.00 PSF
Apr 2024
2,500 sqft
1 units Double Storey Terraced
RM 400,000
JLN GP 3
2,486 sqft · RM 161.00 PSF
Mar 2024