Area Intelligence

TMN HARTA PERTAMA

2 properties
2022
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Median Price
RM 574,500
PSF: RM 373

Residential Market

Median Price

RM 399,000

RM 259 PSF

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 750,000

IQR: RM 96
MAD: RM 96
RM 487 PSF 65.1%

PSF Trends (2021-2025)

TMN HARTA PERTAMA in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 575K and a median price per square foot (PSF) of RM 373.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 575K, with most transactions falling within a stable range of RM 399K to RM 750K, and a typical market range of RM 487K to RM 662K.

Most transactions involved 3 - 3 1/2 storey shop, with high diversity across multiple property types.

Price per square foot shows a median of RM 373, though individual units vary from RM 259 to RM 487 in the core range. The broader market spans RM 316.00 to RM 430.00, indicating diverse property characteristics. A wider spread (IQR: RM 114.00) and deviation (MAD: RM 114) 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 HARTA PERTAMA, Melaka Tengah, Melaka

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Transactions

2 properties grouped by size

1,550 sqft
2 units
RM 399,000
Double Storey Terraced JLN PERMATA 4
1,539 sqft · RM 259.00 PSF
Sep 2022
RM 750,000
3-Storey Storey Shop JALAN PAYA IKAN
1,539 sqft · RM 487.00 PSF
Jun 2022