TMN MESRA RIM II

TMN MESRA RIM II in Jasin, Melaka recorded 16 subsale transactions in 2022, with a median price of RM 171K and a median price per square foot (PSF) of RM 109.

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 171K, with most transactions falling within a stable range of RM 138K to RM 204K, and a typical market range of RM 158K to RM 184K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 109, with core pricing between RM 88 and RM 129. Market pricing typically extends from RM 94.50 to RM 122.50, reflecting moderate variation in unit pricing. The spread of RM 28.00 (IQR) and deviation of RM 20 (MAD) suggest moderate price variations reflecting different property features.

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.