TMN MERBOK
Residential Market
Median Price
RM 290,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Terraced
26 properties
Median Price
RM 499,500
-6.6% CAGR
Median PSF
RM 261.00
+11.5% CAGR
Single Storey Terraced
16 properties
Median Price
RM 285,000
+0.6% CAGR
Median PSF
RM 167.50
+4.9% CAGR
Double Storey Semi-D
4 properties
Median Price
RM 760,000
-0.9% CAGR
Median PSF
RM 259.50
+2.9% CAGR
Low-Cost Flat
4 properties
Median Price
RM 116,500
-2.8% CAGR
Median PSF
RM 169.00
-2.7% CAGR
Single Storey Semi-D
1 properties
Median Price
RM 395,000
Median PSF
RM 104.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Double Storey Terraced | 26 |
RM 499,500
±11K MAD
|
-6.64% |
RM 261.00
±21 MAD
|
+11.47% | |
| Single Storey Terraced | 16 |
RM 285,000
±8K MAD
|
+0.57% |
RM 167.50
±13 MAD
|
+4.93% | |
| Double Storey Semi-D | 4 |
RM 760,000
±20K MAD
|
-0.89% |
RM 259.50
±14 MAD
|
+2.92% | |
| Low-Cost Flat | 4 |
RM 116,500
±7K MAD
|
-2.83% |
RM 169.00
±9 MAD
|
-2.70% | |
| Single Storey Semi-D | 1 |
RM 395,000
|
- |
RM 104.00
|
- |
TMN MERBOK in Melaka Tengah, Melaka recorded 3 subsale transactions in 2023, with a median price of RM 290K and a median price per square foot (PSF) of RM 199.
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 290K, with most transactions falling within a stable range of RM 270K to RM 324K, and a typical market range of RM 270K to RM 333K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 199, with core pricing between RM 174 and RM 224. Market pricing typically extends from RM 180.75 to RM 217.25, reflecting moderate variation in unit pricing. With an IQR of RM 36.50 and MAD of RM 25, 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.
Filter by type, year, price, and size
Transactions
3 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
JLN M2A
|
RM 270,000
|
RM 199.00
|
1,356 sqft
|
May 2023
|
|
JALAN M 22
|
RM 350,000
|
RM 236.00
|
1,485 sqft
|
Nov 2023
|
|
JLN M 14
|
RM 290,000
|
RM 176.00
|
1,647 sqft
|
Oct 2023
|