Area Intelligence

TMN BUNGA RAYA

10 properties
Low-Cost House
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Median Price
RM 205,000
PSF: RM 145

Residential Market

Median Price

RM 205,000

IQR: RM 40
MAD: RM 26
RM 145 PSF 3.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 270,000

IQR: RM 11
MAD: RM 8
RM 162 PSF 9.4%

PSF Trends (2021-2025)

TMN BUNGA RAYA in Melaka Tengah, Melaka recorded 10 Low-Cost House properties subsale transactions between 2021 and 2025 for low-cost house properties, with a median price of RM 205K and a median price per square foot (PSF) of RM 145.

This area contains both residential and commercial properties. View 34 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 205K, with most transactions falling within a stable range of RM 160K to RM 286K, and a typical market range of RM 160K to RM 250K.

Within the Low-Cost House category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 145, though individual units vary from RM 112 to RM 178 in the core range. The broader market spans RM 126.00 to RM 164.00, indicating diverse property characteristics. The spread of RM 38.00 (IQR) and deviation of RM 33 (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 BUNGA RAYA, Melaka Tengah, Melaka

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Transactions

10 properties grouped by size

1,200 sqft
5 units Low-Cost House
RM 200,000
JLN BUNGA RAYA 3/6
1,195 sqft · RM 167.00 PSF
Oct 2024
RM 210,000
JLN BUNGA RAYA 3/7
1,206 sqft · RM 174.00 PSF
Apr 2024
RM 180,000
JLN BUNGA RAYA 3/5
1,206 sqft · RM 149.00 PSF
Sep 2023
RM 170,000
JLN BUNGA RAYA 3/5
1,206 sqft · RM 141.00 PSF
Apr 2023
RM 160,000
JLN BUNGA RAYA 3/6
1,195 sqft · RM 134.00 PSF
Feb 2023
1,300 sqft
1 units Low-Cost House
RM 215,000
JLN TERATAI 2
1,324 sqft · RM 162.00 PSF
Oct 2024
1,550 sqft
1 units Low-Cost House
RM 160,000
JLN BUNGA RAYA 3/2
1,561 sqft · RM 103.00 PSF
Mar 2023
1,950 sqft
1 units Low-Cost House
RM 230,000
JALAN TERATAI
1,927 sqft · RM 119.00 PSF
Oct 2023
2,100 sqft
1 units Low-Cost House
RM 450,000
JLN BUNGA RAYA 3/6
2,099 sqft · RM 214.00 PSF
Dec 2023
2,350 sqft
1 units Low-Cost House
RM 230,000
JLN BUNGA RAYA 3/5
2,347 sqft · RM 98.00 PSF
Mar 2023