Area Intelligence

TMN MGBM

1 properties
2022
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Median Price
RM 480,000
PSF: RM 303

Residential Market

Median Price

RM 275,000

IQR: RM 51
MAD: RM 51
RM 179 PSF 33.8%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 480,000

RM 303 PSF

PSF Trends (2021-2025)

TMN MGBM in Melaka Tengah, Melaka recorded 1 subsale transactions in 2022, with a median price of RM 480K and a median price per square foot (PSF) of RM 303.

This area contains both residential and commercial properties. View 2 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 303, with most transactions between RM 303 and RM 303. The usual range is RM 243.00 to RM 363.00, showing that most units are priced quite close to each other. With an IQR of RM 120.00 and MAD of RM 0, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN MGBM, Melaka Tengah, Melaka

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Transactions

1 properties found

Double Storey Shop JLN MANGGA 1
RM 480,000
1,582 sqft Apr 2022
RM 303.00 PSF