TMN INDAH (BKT BARU)

2 properties

2023

Favorite WhatsApp

Facebook X (Twitter)

Median Price

RM 380,000

PSF: RM 203

Residential Market

Median Price

RM 380,000

IQR: RM 166

MAD: RM 45

RM 203 PSF 37.9%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

Double Storey Terraced

5 properties

Median Price

RM 514,500

+1.9% CAGR

Median PSF

RM 334.00

+0.4% CAGR

Single Storey Terraced

4 properties

Median Price

RM 275,000

+11.6% CAGR

Median PSF

RM 148.00

+9.3% CAGR

Single Storey Semi-D

2 properties

Median Price

RM 340,000

+42.9% CAGR

Median PSF

RM 123.50

+65.6% CAGR

Property Type	Properties	Median Price	Price CAGR	Median PSF	PSF CAGR
Double Storey Terraced	5	RM 514,500 ±20K MAD	+1.88%	RM 334.00 ±3 MAD	+0.45%
Single Storey Terraced	4	RM 275,000 ±45K MAD	+11.64%	RM 148.00 ±10 MAD	+9.30%
Single Storey Semi-D	2	RM 340,000 ±60K MAD	+42.86%	RM 123.50 ±31 MAD	+65.59%

TMN INDAH (BKT BARU) in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 380K and a median price per square foot (PSF) of RM 203.

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 380K, with most transactions falling within a stable range of RM 280K to RM 480K, and a typical market range of RM 280K to RM 480K.

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

Price per square foot shows a median of RM 203, though individual units vary from RM 93 to RM 312 in the core range. The broader market spans RM 112.75 to RM 292.25, indicating diverse property characteristics. A wider spread (IQR: RM 179.50) and deviation (MAD: RM 110) 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.