Area Intelligence

TMN PELANGI

1 properties
2023
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Median Price
RM 136,000
PSF: RM 123

Residential Market

Median Price

RM 136,000

IQR: RM 24
MAD: RM 15
RM 123 PSF 16.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN PELANGI in Melaka Tengah, Melaka recorded 1 subsale transactions in 2023, with a median price of RM 136K and a median price per square foot (PSF) of RM 123.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 123, with most transactions between RM 123 and RM 123. The usual range is RM 111.00 to RM 135.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 24.00 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

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

1 properties grouped by size

1,100 sqft
1 units Condo/Apartment
RM 136,000
1,109 sqft · RM 123.00 PSF
Jun 2023