Area Intelligence

TMN NAM YANG

3 properties
2024
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Median Price
RM 590,000
PSF: RM 281

Residential Market

Median Price

RM 590,000

IQR: RM 25
MAD: RM 14
RM 281 PSF 2.2%

PSF Trends (2021-2025)

TMN NAM YANG in Melaka Tengah, Melaka recorded 3 subsale transactions in 2024, with a median price of RM 590K and a median price per square foot (PSF) of RM 281.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 590K, with most transactions falling within a stable range of RM 460K to RM 730K, and a typical market range of RM 520K to RM 660K.

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

The median PSF stands at RM 281, with core pricing between RM 249 and RM 313. Market pricing typically extends from RM 263.50 to RM 298.50, reflecting moderate variation in unit pricing. With an IQR of RM 35.00 and MAD of RM 32, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN NAM YANG, Melaka Tengah, Melaka

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Transactions

3 properties found

Single Storey Terraced JLN UJONG PASIR
RM 460,000
1,636 sqft Oct 2024
RM 281.00 PSF
Single Storey Terraced JALAN TAMAN HILIR
RM 590,000
2,013 sqft Jun 2024
RM 293.00 PSF
Single Storey Semi-D JLN SEAVIEW 5
RM 800,000
3,659 sqft Apr 2024
RM 219.00 PSF