Area Intelligence

TMN AIR KEROH FASA 1-3

10 properties
2021
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Median Price
RM 205,000
PSF: RM 132

Residential Market

Median Price

RM 205,000

IQR: RM 43
MAD: RM 22
RM 132 PSF 8.4%

PSF Trends (2021-2025)

TMN AIR KEROH FASA 1-3 in Melaka Tengah, Melaka recorded 10 subsale transactions in 2021, with a median price of RM 205K and a median price per square foot (PSF) of RM 132.

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 205K, with most transactions falling within a stable range of RM 160K to RM 284K, and a typical market range of RM 160K to RM 260K.

Most transactions involved low-cost house, with high diversity across multiple property types.

Price per square foot shows a median of RM 132, though individual units vary from RM 100 to RM 164 in the core range. The broader market spans RM 109.50 to RM 154.50, indicating diverse property characteristics. The spread of RM 45.00 (IQR) and deviation of RM 32 (MAD) suggest moderate price variations reflecting different property features.

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 AIR KEROH FASA 1-3, Melaka Tengah, Melaka

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Transactions

10 properties found

Single Storey Terraced LRG SETIA 3
RM 290,000
1,755 sqft Dec 2021
RM 165.00 PSF
Single Storey Terraced LRG SETIA 5
RM 340,000
1,765 sqft Dec 2021
RM 193.00 PSF
Low-Cost House LG. UTAMA 6
RM 160,000
1,324 sqft Oct 2021
RM 121.00 PSF
Low-Cost House LORONG UTAMA 6
RM 160,000
1,324 sqft Oct 2021
RM 121.00 PSF
Single Storey Terraced JLN LORONG UTAMA 4
RM 285,000
1,755 sqft Sep 2021
RM 162.00 PSF
Double Storey Terraced LORONG SETIA 3
RM 378,000
1,755 sqft Sep 2021
RM 215.00 PSF
Low-Cost House LORONG UTAMA 6
RM 160,000
1,324 sqft Sep 2021
RM 121.00 PSF
Low-Cost House JLN LRG UTAMA 12
RM 170,000
1,324 sqft Aug 2021
RM 128.00 PSF
Low-Cost House LORONG UTAMA 2
RM 240,000
1,765 sqft Aug 2021
RM 136.00 PSF
Low-Cost House LG. UTAMA 14
RM 170,000
1,324 sqft Jul 2021
RM 128.00 PSF