TMN MERBOK
Residential Market
Median Price
RM 300,000
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 4 subsale transactions in 2024, with a median price of RM 300K and a median price per square foot (PSF) of RM 165.
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 300K, with most transactions falling within a stable range of RM 250K to RM 357K, and a typical market range of RM 258K to RM 343K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
Price per square foot shows a median of RM 165, though individual units vary from RM 131 to RM 199 in the core range. The broader market spans RM 146.75 to RM 183.25, indicating diverse property characteristics. The spread of RM 36.50 (IQR) and deviation of RM 34 (MAD) suggest moderate price variations reflecting different property features.
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
4 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
JALAN M2
|
RM 250,000
|
RM 179.00
|
1,399 sqft
|
Jul 2024
|
|
|
JLN M11
|
RM 270,000
|
RM 193.00
|
1,399 sqft
|
Jul 2024
|
|
JALAN M 22
|
RM 330,000
|
RM 151.00
|
2,185 sqft
|
Sep 2024
|
|
JLN M 12
|
RM 395,000
|
RM 104.00
|
3,789 sqft
|
Mar 2024
|