TMN DESA BARU

TMN DESA BARU in Melaka Tengah, Melaka recorded 4 subsale transactions in 2024, with a median price of RM 338K and a median price per square foot (PSF) of RM 216.

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 338K, with most transactions falling within a stable range of RM 220K to RM 450K, and a typical market range of RM 244K to RM 431K.

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 216, though individual units vary from RM 149 to RM 283 in the core range. The broader market spans RM 161.25 to RM 270.75, indicating diverse property characteristics. A wider spread (IQR: RM 109.50) and deviation (MAD: RM 67) 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.