Area Intelligence

TMN TASIK UTAMA

16 properties
2023
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Median Price
RM 305,000
PSF: RM 191

Residential Market

Median Price

RM 256,000

IQR: RM 36
MAD: RM 17
RM 182 PSF 1.9%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 461,000

IQR: RM 78
MAD: RM 36
RM 278 PSF 23.2%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN TASIK UTAMA in Melaka Tengah, Melaka recorded 16 subsale transactions in 2023, with a median price of RM 305K and a median price per square foot (PSF) of RM 191.

This area contains both residential and commercial properties. View 29 residential properties or 11 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 305K, with most transactions falling within a stable range of RM 136K to RM 474K, and a typical market range of RM 160K to RM 450K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 191, though individual units vary from RM 131 to RM 250 in the core range. The broader market spans RM 167.00 to RM 214.00, indicating diverse property characteristics. A wider spread (IQR: RM 47.00) and deviation (MAD: RM 60) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN TASIK UTAMA, Melaka Tengah, Melaka

OSM

Transactions

16 properties grouped by size

700 sqft
3 units
RM 109,000
Flat
710 sqft · RM 153.00 PSF
Jun 2023
RM 120,000
Low-Cost Flat
700 sqft · RM 171.00 PSF
Mar 2023
RM 150,000
Low-Cost Flat
700 sqft · RM 214.00 PSF
Jan 2023
800 sqft
2 units Condo/Apartment
RM 145,000
775 sqft · RM 187.00 PSF
May 2023
RM 150,000
775 sqft · RM 194.00 PSF
Jan 2023
1,400 sqft
1 units Double Storey Shop
RM 461,000
BUSS PARK @ MITC
1,399 sqft · RM 329.00 PSF
Jun 2023
1,550 sqft
5 units
RM 256,000
Single Storey Terraced JLN TU 43A
1,539 sqft · RM 166.00 PSF
Oct 2023
RM 475,000
Double Storey Shop JLN TU 40
1,539 sqft · RM 309.00 PSF
Oct 2023
RM 280,000
Single Storey Terraced JLN TU 43B
1,539 sqft · RM 182.00 PSF
Jul 2023
RM 310,000
Single Storey Terraced JLN TU 43B
1,539 sqft · RM 201.00 PSF
Jul 2023
RM 300,000
Single Storey Terraced JLN TU 43B
1,539 sqft · RM 195.00 PSF
Jun 2023
1,600 sqft
2 units Double Storey Shop
RM 440,000
NO.86 JALAN TU 42
1,582 sqft · RM 278.00 PSF
Mar 2023
RM 440,000
NO.86 JALAN TU 42
1,593 sqft · RM 276.00 PSF
Mar 2023
2,000 sqft
1 units Single Storey Terraced
RM 328,000
JALAN TU 58
2,002 sqft · RM 164.00 PSF
Sep 2023
4,100 sqft
1 units Double Storey Terraced
RM 630,000
JLN TU 60
4,080 sqft · RM 154.00 PSF
Aug 2023
6,200 sqft
1 units Semi-D Factory
RM 650,000
JLN TU 54
6,178 sqft · RM 105.00 PSF
Apr 2023