Area Intelligence

TMN MERBAU LESTARI

2 properties
2023
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Median Price
RM 293,000
PSF: RM 123

Residential Market

Median Price

RM 293,000

IQR: RM 45
MAD: RM 3
RM 123 PSF 27.2%

PSF Trends (2021-2025)

TMN MERBAU LESTARI in Jasin, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 293K and a median price per square foot (PSF) of RM 123.

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 293K, with most transactions falling within a stable range of RM 256K to RM 330K, and a typical market range of RM 275K to RM 312K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

Price per square foot shows a median of RM 123, though individual units vary from RM 80 to RM 166 in the core range. The broader market spans RM 100.75 to RM 145.25, indicating diverse property characteristics. A wider spread (IQR: RM 44.50) and deviation (MAD: RM 43) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN MERBAU LESTARI, Jasin, Melaka

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Transactions

2 properties grouped by size

1,550 sqft
1 units Single Storey Terraced
RM 256,000
JLN LESTARI 3
1,539 sqft · RM 166.00 PSF
Jul 2023
4,100 sqft
1 units Single Storey Terraced
RM 330,000
JLN LESTARI 4
4,101 sqft · RM 80.00 PSF
Nov 2023