Area Intelligence

TMN ABU BAKAR

1 properties
2023
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Median Price
RM 622,000
PSF: RM 239

Residential Market

Median Price

RM 622,000

RM 239 PSF

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,450,000

RM 837 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN ABU BAKAR in Melaka Tengah, Melaka recorded 1 subsale transactions in 2023, with a median price of RM 622K and a median price per square foot (PSF) of RM 239.

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.

Most transactions involved 3 - 3 1/2 storey shop, with moderate diversity in property types available.

For price per square foot, the median is RM 239, with most transactions between RM 239 and RM 239. The usual range is RM 89.50 to RM 388.50, showing that most units are priced quite close to each other. With an IQR of RM 299.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN ABU BAKAR, Melaka Tengah, Melaka

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Transactions

1 properties grouped by size

2,600 sqft
1 units Double Storey Terraced
RM 622,000
JLN UJONG PASIR
2,605 sqft · RM 239.00 PSF
Mar 2023