TMN MESRA RIM II

TMN MESRA RIM II in Jasin, Melaka recorded 17 subsale transactions in 2023, with a median price of RM 171K and a median price per square foot (PSF) of RM 135.

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 161K to RM 181K, 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 135, with core pricing between RM 118 and RM 152. Market pricing typically extends from RM 121.00 to RM 149.00, reflecting moderate variation in unit pricing. With an IQR of RM 28.00 and MAD of RM 17, the PSF demonstrates reasonable consistency across the market.

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.