Area Intelligence

TMN MGBM

2 properties
Single Storey Terraced
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Median Price
RM 275,000
PSF: RM 179

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 2 Single Storey Terraced properties subsale transactions between 2021 and 2025 for single storey terraced properties, with a median price of RM 275K and a median price per square foot (PSF) of RM 179.

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. The median price is RM 275K, with most transactions falling within a stable range of RM 197K to RM 353K, and a typical market range of RM 216K to RM 334K.

Within the Single Storey Terraced category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 179, though individual units vary from RM 128 to RM 229 in the core range. The broader market spans RM 118.50 to RM 238.50, indicating diverse property characteristics. A wider spread (IQR: RM 120.00) and deviation (MAD: RM 51) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. 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

2 properties grouped by size

1,550 sqft
2 units Single Storey Terraced
RM 353,000
JALAN KUNDANG
1,539 sqft · RM 229.00 PSF
Jan 2023
RM 197,000
JALAN KUNDANG
1,539 sqft · RM 128.00 PSF
Jan 2021