Area Intelligence

TMN DESA BARU

7 properties
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Median Price
RM 300,000
PSF: RM 184

Residential Market

Median Price

RM 300,000

IQR: RM 110
MAD: RM 54
RM 184 PSF 14.0%

PSF Trends (2021-2025)

TMN DESA BARU in Melaka Tengah, Melaka recorded 7 subsale transactions between 2021 and 2025, with a median price of RM 300K and a median price per square foot (PSF) of RM 184.

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 300K, with most transactions falling within a stable range of RM 190K to RM 410K, and a typical market range of RM 206K to RM 394K.

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

Price per square foot shows a median of RM 184, though individual units vary from RM 130 to RM 238 in the core range. The broader market spans RM 129.25 to RM 238.75, indicating diverse property characteristics. A wider spread (IQR: RM 109.50) and deviation (MAD: RM 54) 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. 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 DESA BARU, Melaka Tengah, Melaka

OSM

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Transactions

7 properties grouped by size

1,200 sqft
2 units
RM 155,000
Single Storey Terraced JLN DESA BARU 13
1,195 sqft · RM 130.00 PSF
Dec 2024
RM 220,000
Low-Cost House JLN DB 9
1,195 sqft · RM 184.00 PSF
Nov 2023
1,550 sqft
3 units Double Storey Terraced
RM 410,000
JLN DESA BAKTI 2
1,539 sqft · RM 266.00 PSF
Oct 2024
RM 450,000
JLN DESA BAKTI 2
1,539 sqft · RM 292.00 PSF
Feb 2024
RM 450,000
JLN DESA BAKTI 12
1,539 sqft · RM 292.00 PSF
Apr 2022
1,600 sqft
1 units Single Storey Terraced
RM 265,000
JLN DESA BARU 13
1,593 sqft · RM 166.00 PSF
Jul 2024
1,750 sqft
1 units Single Storey Terraced
RM 300,000
JALAN DESA BARU 13
1,733 sqft · RM 173.00 PSF
Jul 2023