Area Intelligence

TMN MANGGA SEC.1

2 properties
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Median Price
RM 567,500
PSF: RM 326

Residential Market

Median Price

RM 485,000

RM 229 PSF

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 650,000

RM 422 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN MANGGA SEC.1 in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 568K and a median price per square foot (PSF) of RM 326.

This area contains both residential and commercial properties. View 1 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 568K, with most transactions falling within a stable range of RM 485K to RM 650K, and a typical market range of RM 526K to RM 609K.

Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.

Price per square foot shows a median of RM 326, though individual units vary from RM 229 to RM 422 in the core range. The broader market spans RM 277.25 to RM 373.75, indicating diverse property characteristics. A wider spread (IQR: RM 96.50) and deviation (MAD: RM 97) indicate significant PSF variations, likely due to diverse property types or conditions.

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 MANGGA SEC.1, Melaka Tengah, Melaka

OSM

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Transactions

2 properties grouped by size

1,550 sqft
1 units Double Storey Shop
RM 650,000
JALAN SM 8
1,539 sqft · RM 422.00 PSF
Sep 2024
2,100 sqft
1 units Double Storey Terraced
RM 485,000
JLN SERI MANGGA 7
2,120 sqft · RM 229.00 PSF
Mar 2023