Area Intelligence

TMN PUNCAK BERTAM (MALIM HILL PARK)

12 properties
2022
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Median Price
RM 595,000
PSF: RM 308

Residential Market

Median Price

RM 595,000

IQR: RM 96
MAD: RM 46
RM 308 PSF 7.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN PUNCAK BERTAM (MALIM HILL PARK) in Melaka Tengah, Melaka recorded 12 subsale transactions in 2022, with a median price of RM 595K and a median price per square foot (PSF) of RM 308.

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 595K, with most transactions falling within a stable range of RM 448K to RM 793K, and a typical market range of RM 497K to RM 693K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 308, though individual units vary from RM 231 to RM 384 in the core range. The broader market spans RM 259.38 to RM 355.63, indicating diverse property characteristics. The spread of RM 96.25 (IQR) and deviation of RM 76 (MAD) suggest moderate price variations reflecting different property features.

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 PUNCAK BERTAM (MALIM HILL PARK), Melaka Tengah, Melaka

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Transactions

12 properties grouped by size

1,550 sqft
5 units Double Storey Terraced
RM 528,000
JLN PB 6
1,539 sqft · RM 343.00 PSF
Aug 2022
RM 528,000
JLN PB 6
1,539 sqft · RM 343.00 PSF
Jul 2022
RM 580,000
JALAN PB 16
1,539 sqft · RM 377.00 PSF
Jun 2022
RM 448,000
JALAN PB 16
1,539 sqft · RM 291.00 PSF
Apr 2022
RM 532,000
JLN PB 9A
1,561 sqft · RM 341.00 PSF
Apr 2022
1,700 sqft
2 units Double Storey Terraced
RM 715,000
JLN PB 7
1,679 sqft · RM 426.00 PSF
Sep 2022
RM 498,000
JALAN PB 8
1,679 sqft · RM 297.00 PSF
Jul 2022
1,900 sqft
1 units Double Storey Terraced
RM 610,000
JLN PB 11
1,916 sqft · RM 318.00 PSF
Dec 2022
3,200 sqft
1 units Double Storey Semi-D
RM 895,000
JLN PB 14
3,197 sqft · RM 280.00 PSF
Oct 2022
3,900 sqft
1 units Double Storey Semi-D
RM 898,000
JLN PB 13
3,907 sqft · RM 230.00 PSF
May 2022
4,150 sqft
1 units Double Storey Semi-D
RM 999,000
JLN PB 13
4,155 sqft · RM 240.00 PSF
Oct 2022
8,450 sqft
1 units Double Storey Terraced
RM 1,000,000
JLN TMN PUNCAK BERTAM 11
8,439 sqft · RM 118.00 PSF
Aug 2022