Area Intelligence

TMN AIR KEROH FASA 1-3

12 properties
2023
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Median Price
RM 215,000
PSF: RM 131

Residential Market

Median Price

RM 215,000

IQR: RM 43
MAD: RM 22
RM 131 PSF 8.4%

PSF Trends (2021-2025)

TMN AIR KEROH FASA 1-3 in Melaka Tengah, Melaka recorded 12 subsale transactions in 2023, with a median price of RM 215K and a median price per square foot (PSF) of RM 131.

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 215K, with most transactions falling within a stable range of RM 156K to RM 274K, and a typical market range of RM 160K to RM 270K.

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

Price per square foot shows a median of RM 131, though individual units vary from RM 89 to RM 172 in the core range. The broader market spans RM 108.00 to RM 153.00, indicating diverse property characteristics. A wider spread (IQR: RM 45.00) and deviation (MAD: RM 42) 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.

Area Location

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TMN AIR KEROH FASA 1-3, Melaka Tengah, Melaka

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Transactions

12 properties grouped by size

850 sqft
2 units Low-Cost House
RM 190,000
JALAN TAKH 5
840 sqft · RM 226.00 PSF
Dec 2023
RM 140,000
JLN TAKH 9
840 sqft · RM 167.00 PSF
Nov 2023
1,300 sqft
2 units Low-Cost House
RM 100,000
LORONG UTAMA 12
1,324 sqft · RM 76.00 PSF
Oct 2023
RM 190,000
JLN LRG UTAMA 12
1,324 sqft · RM 144.00 PSF
May 2023
1,550 sqft
2 units Double Storey Terraced
RM 200,000
JALAN SETIA KASIH 3
1,539 sqft · RM 130.00 PSF
Dec 2023
RM 270,000
JALAN SETIA KASIH 3
1,539 sqft · RM 175.00 PSF
Feb 2023
1,750 sqft
3 units
RM 170,000
Single Storey Terraced LORONG SETIA 5
1,765 sqft · RM 96.00 PSF
Oct 2023
RM 280,000
Low-Cost House JALAN UTAMA
1,760 sqft · RM 159.00 PSF
Mar 2023
RM 230,000
Low-Cost House LORONG UTAMA 4
1,755 sqft · RM 131.00 PSF
Jan 2023
2,400 sqft
1 units Low-Cost House
RM 300,000
LORONG UTAMA 8
2,408 sqft · RM 125.00 PSF
Oct 2023
2,700 sqft
1 units Low-Cost House
RM 250,000
LRG UTAMA 10
2,708 sqft · RM 92.00 PSF
Jan 2023
3,150 sqft
1 units Single Storey Semi-D
RM 280,000
LORONG SETIA 9
3,165 sqft · RM 88.00 PSF
Jun 2023