Tanah Merah Jaya in Melaka Tengah, Melaka recorded 4 Double Storey Terraced properties subsale transactions between 2021 and 2026, with a median price of RM180K and a median price per square foot (PSF) of RM186.

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 RM180K, with most transactions falling within a stable range of RM130K to RM252K, and a typical market range of RM153K to RM208K.

Within the Double Storey Terraced category, 1 - 1 1/2 storey terraced dominated the market, with moderate diversity in property types available.

Price per square foot shows a median of RM186, though individual units vary from RM111 to RM260 in the core range. The broader market spans RM157.94 to RM213.69, indicating diverse property characteristics. A wider spread (IQR: RM55.75) and deviation (MAD: RM75) 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.