Area Intelligence

TMN KERJASAMA 1

3 properties
2023
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Median Price
RM 450,000
PSF: RM 185

Residential Market

Median Price

RM 450,000

IQR: RM 25
MAD: RM 15
RM 185 PSF 7.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN KERJASAMA 1 in Melaka Tengah, Melaka recorded 3 subsale transactions in 2023, with a median price of RM 450K and a median price per square foot (PSF) of RM 185.

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 450K, with most transactions falling within a stable range of RM 336K to RM 564K, and a typical market range of RM 403K to RM 498K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 185, with core pricing between RM 165 and RM 205. Market pricing typically extends from RM 170.50 to RM 199.50, reflecting moderate variation in unit pricing. With an IQR of RM 29.00 and MAD of RM 20, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN KERJASAMA 1, Melaka Tengah, Melaka

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Transactions

3 properties grouped by size

1,550 sqft
1 units Single Storey Terraced
RM 300,000
JLN ZAMRUD 1
1,539 sqft · RM 195.00 PSF
Feb 2023
2,450 sqft
1 units Single Storey Terraced
RM 450,000
LORONG PERAK 1
2,433 sqft · RM 185.00 PSF
Mar 2023
3,900 sqft
1 units Single Storey Semi-D
RM 580,000
LORONG ZAMRUD 1
3,897 sqft · RM 149.00 PSF
May 2023