BandingHouse

Garden City

Melaka Tengah, Melaka · High-rise (condo, apartment, flat) · Leasehold

Homes in Garden City have sold for a median of

RM170,000

RM225 psf on the recorded floor area

RM140,000median RM170,000RM210,000

Half of the 57 recorded sales fell between RM140,000 and RM210,000. One in ten went under RM120,000, one in ten over RM237,000. Sales run from 1 July 2021 to 10 February 2026.

Up 38% from a RM120,000 median in 2021 to RM165,000 in 2024.

These are transacted prices from the land-office record, not asking prices from ads. An ad’s number is a wish; this is the record. What high-rise (condo, apartment, flat) sell for across Melaka, beside what ads ask.

How to read this page

The median is the middle sale when every recorded sale here is lined up cheapest to dearest — half sold for less, half for more. The band (p25–p75) is the middle half of those sales. Neither figure is an asking price from an ad, and neither is a valuation of a specific unit. Asking vs transacted.

What kind of home, and what title

The land office groups these sales as high-rise (condo, apartment, flat) under a Leasehold title. High-rise parcels are usually strata: you own the parcel plus a share of the common parts, and price per square foot is how buyers compare units of different sizes. Monthly charges and the sinking fund sit on top of the purchase price — see maintenance fee and sinking fund.

Year by year

YearMedian soldPer sq ftSales
2021RM120,000RM204 psf5
2022RM170,000RM231 psf12
2023RM180,000RM232 psf21
2024RM165,000RM237 psf16
2025RM162,500RM206 psf2
2026RM105,000RM177 psf1

A year with only a handful of sales is a handful of sales, not a trend — the movement above is drawn only between years with five or more.

Nearby, and where this one sits

Other high-rise (condo, apartment, flat) schemes in Melaka Tengah with enough recorded sales, cheapest first. By median sold price, Garden City sits 11 of 26 in that set.

Against Melaka

Across Melaka, the median recorded sale for high-rise (condo, apartment, flat) is RM180,000 (RM209 psf), from 432 sales. Garden City’s own median is RM170,000 — lower than that state median. Full Melaka table.

Cash and monthly on the RM170,000 median

Same worksheet as /cost/, using this scheme’s recorded median, 90% LTV, and the illustrative rate. Not a bank quote.

Cash at offer

  • Down payment (10%): RM17,000
  • Transfer duty (MOT): RM2,400
  • Loan duty (0.5%): RM765
  • Total cash: RM20,165
  • Qualifying first home: RM17,000 (duties exempt)

Monthly carry

  • Instalment (35y @ 4.00%): RM677
  • Total monthly: RM677

4.00% p.a. illustrative (rough SBR + bank margin); not a bank quote

Adjust these numbers

Questions this record answers

What have homes in Garden City sold for?
A median of RM170,000 (RM225 psf), from 57 land-office transactions between 1 July 2021 and 10 February 2026.
What is a typical band here?
Half of recorded sales fell between RM140,000 and RM210,000. One in ten went under RM120,000; one in ten over RM237,000.
Has the median moved?
From RM120,000 in 2021 to RM165,000 in 2024 (+38%), using only years with five or more sales.

Read next

From NAPIC’s open transaction data (Jabatan Penilaian dan Perkhidmatan Harta), extract published 19 May 2026. A scheme appears only with at least 20recorded sales. Scheme names are the land office’s own. How we work this out.