Area Intelligence

TMN BKT BARU MURNI

3 properties
2023
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Median Price
RM 1,175,000
PSF: RM 296

Residential Market

Median Price

RM 1,175,000

IQR: RM 77
MAD: RM 41
RM 296 PSF 17.8%

PSF Trends (2021-2025)

TMN BKT BARU MURNI in Melaka Tengah, Melaka recorded 3 subsale transactions in 2023, with a median price of RM 1.18 million and a median price per square foot (PSF) of RM 296.

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 1.18 million, with most transactions falling within a stable range of RM 980K to RM 1.51 million, and a typical market range of RM 1.03 million to RM 1.32 million.

Most transactions involved 2 - 2 1/2 storey semi-detached, with minimal variety in property types.

The median PSF stands at RM 296, with core pricing between RM 256 and RM 336. Market pricing typically extends from RM 257.38 to RM 334.63, reflecting moderate variation in unit pricing. With an IQR of RM 77.25 and MAD of RM 40, 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 BKT BARU MURNI, Melaka Tengah, Melaka

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Transactions

3 properties found

Double Storey Semi-D JLN NURI 2
RM 980,000
3,035 sqft Oct 2023
RM 323.00 PSF
Double Storey Semi-D JLN NURI 2
RM 1,763,000
7,761 sqft Jul 2023
RM 227.00 PSF
Double Storey Semi-D JLN NURI 4
RM 1,175,000
3,972 sqft Mar 2023
RM 296.00 PSF