TMN TG MINYAK UTAMA

TMN TG MINYAK UTAMA in Melaka Tengah, Melaka recorded 9 subsale transactions in 2024, with a median price of RM 250K and a median price per square foot (PSF) of RM 201.

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 RM 250K, with most transactions falling within a stable range of RM 223K to RM 277K, and a typical market range of RM 220K to RM 310K.

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 201, though individual units vary from RM 160 to RM 242 in the core range. The broader market spans RM 161.25 to RM 240.75, indicating diverse property characteristics. The spread of RM 79.50 (IQR) and deviation of RM 41 (MAD) suggest moderate price variations reflecting different property features.

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.