Area Intelligence

TMN CIPTACO

4 properties
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Median Price
RM 534,500
PSF: RM 167

Residential Market

Median Price

RM 661,000

IQR: RM 37
MAD: RM 37
RM 207 PSF 30.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN CIPTACO in Melaka Tengah, Melaka recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 535K and a median price per square foot (PSF) of RM 167.

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 535K, with most transactions falling within a stable range of RM 524K to RM 545K, and a typical market range of RM 523K to RM 574K.

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

For price per square foot, the median is RM 167, with most transactions between RM 164 and RM 171. The usual range is RM 154.75 to RM 179.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 24.50 and an average deviation (MAD) of RM 4 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN CIPTACO, Melaka Tengah, Melaka

OSM

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Transactions

4 properties grouped by size

3,200 sqft
4 units
RM 544,000
Double Storey Semi-D JALAN DELIMA 10
3,208 sqft · RM 170.00 PSF
Jul 2024
RM 525,000
Single Storey Semi-D JALAN TAMAN CIPTACO
3,202 sqft · RM 164.00 PSF
Oct 2023
RM 778,000
Double Storey Semi-D JALAN MERBOK
3,201 sqft · RM 243.00 PSF
Apr 2023
RM 523,000
Single Storey Semi-D JALAN TAMAN CIPTACO
3,201 sqft · RM 163.00 PSF
Feb 2022