Area Intelligence

TMN PELANGI

6 properties
Condo/Apartment
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Median Price
RM 120,000
PSF: RM 106

Residential Market

Median Price

RM 120,000

IQR: RM 24
MAD: RM 15
RM 106 PSF 16.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN PELANGI in Melaka Tengah, Melaka recorded 6 Condo/Apartment properties subsale transactions between 2021 and 2025 for condo/apartment properties, with a median price of RM 120K and a median price per square foot (PSF) of RM 106.

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 120K, with most transactions falling within a stable range of RM 102K to RM 138K, and a typical market range of RM 110K to RM 130K.

Within the Condo/Apartment category, condominium/apartment dominated the market, with minimal variety in property types.

The median PSF stands at RM 106, with core pricing between RM 90 and RM 121. Market pricing typically extends from RM 93.50 to RM 117.50, reflecting moderate variation in unit pricing. The spread of RM 24.00 (IQR) and deviation of RM 16 (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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN PELANGI, Melaka Tengah, Melaka

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Transactions

6 properties grouped by size

1,050 sqft
1 units Condo/Apartment
RM 90,000
1,063 sqft · RM 85.00 PSF
Feb 2025
1,100 sqft
4 units Condo/Apartment
RM 136,000
1,109 sqft · RM 123.00 PSF
Jun 2023
RM 145,000
1,109 sqft · RM 131.00 PSF
Sep 2022
RM 110,000
1,093 sqft · RM 101.00 PSF
Apr 2022
RM 120,000
1,093 sqft · RM 110.00 PSF
Jan 2022
1,250 sqft
1 units Condo/Apartment
RM 120,000
1,270 sqft · RM 94.00 PSF
Nov 2022