Area Intelligence

TMN TENGKERA UTAMA (PANGSAPURI)

2 properties
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Median Price
RM 564,000
PSF: RM 387

Commercial Market

Median Price

RM 564,000

IQR: RM 191
MAD: RM 191
RM 387 PSF 71.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN TENGKERA UTAMA (PANGSAPURI) in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 564K and a median price per square foot (PSF) of RM 387.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 564K, with most transactions falling within a stable range of RM 240K to RM 888K, and a typical market range of RM 402K to RM 726K.

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 387, though individual units vary from RM 196 to RM 577 in the core range. The broader market spans RM 291.25 to RM 481.75, indicating diverse property characteristics. A wider spread (IQR: RM 190.50) and deviation (MAD: RM 191) 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. 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 TENGKERA UTAMA (PANGSAPURI), Melaka Tengah, Melaka

OSM

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Transactions

2 properties grouped by size

1,250 sqft
1 units Shop/Retail Lot
RM 240,000
1,227 sqft · RM 196.00 PSF
Dec 2021
1,550 sqft
1 units Double Storey Shop
RM 888,000
JLN PANGSAPURI TENGKERA UTAMA
1,539 sqft · RM 577.00 PSF
Jun 2023