Area Intelligence

TAMAN MUHIBAH FASA 16

10 properties
2024
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Median Price
RM 399,000
PSF: RM 149

Residential Market

Median Price

RM 399,000

IQR: RM 23
MAD: RM 8
RM 149 PSF 4.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN MUHIBAH FASA 16 in Jasin, Melaka recorded 10 subsale transactions in 2024, with a median price of RM 399K and a median price per square foot (PSF) of RM 149.

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 399K, with most transactions falling within a stable range of RM 359K to RM 439K, and a typical market range of RM 369K to RM 430K.

Most transactions involved cluster house, though some variety exists in the market.

For price per square foot, the median is RM 149, with most transactions between RM 140 and RM 158. The usual range is RM 142.00 to RM 156.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 14.00 and an average deviation (MAD) of RM 9 indicate a highly stable PSF trend across properties.

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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TAMAN MUHIBAH FASA 16, Jasin, Melaka

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Transactions

10 properties grouped by size

2,600 sqft
6 units Cluster House
RM 399,000
JLN MUHIBBAH 16A
2,605 sqft · RM 153.00 PSF
Nov 2024
RM 399,000
JLN MUHIBBAH 16A
2,605 sqft · RM 153.00 PSF
Oct 2024
RM 394,000
JLN MUHIBBAH 16A
2,605 sqft · RM 151.00 PSF
Sep 2024
RM 399,000
JLN MUHIBBAH 16B
2,605 sqft · RM 153.00 PSF
Aug 2024
RM 354,000
JLN MUHIBBAH 16A
2,605 sqft · RM 136.00 PSF
May 2024
RM 394,000
JLN MUHIBBAH 16B
2,605 sqft · RM 151.00 PSF
Jan 2024
3,100 sqft
2 units Single Storey Semi-D
RM 457,000
JLN MUHIBBAH 16B
3,111 sqft · RM 147.00 PSF
Mar 2024
RM 457,000
JLN MUHIBBAH 16B
3,100 sqft · RM 147.00 PSF
Feb 2024
3,150 sqft
1 units Single Storey Semi-D
RM 413,000
JLN MUHIBBAH 16B
3,143 sqft · RM 131.00 PSF
Jul 2024
3,900 sqft
1 units Single Storey Semi-D
RM 500,000
JLN MUHIBBAH 16B
3,918 sqft · RM 128.00 PSF
Feb 2024