Area Intelligence

TMN BKT PIATU MUTIARA

4 properties
2024
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Median Price
RM 562,500
PSF: RM 356

Residential Market

Median Price

RM 545,000

IQR: RM 148
MAD: RM 57
RM 354 PSF 7.4%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 600,000

IQR: RM 28
MAD: RM 16
RM 357 PSF 1.5%

PSF Trends (2021-2025)

TMN BKT PIATU MUTIARA in Melaka Tengah, Melaka recorded 4 subsale transactions in 2024, with a median price of RM 563K and a median price per square foot (PSF) of RM 356.

This area contains both residential and commercial properties. View 11 residential properties or 9 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 563K, with most transactions falling within a stable range of RM 493K to RM 600K, and a typical market range of RM 508K to RM 600K.

Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.

The median PSF stands at RM 356, with core pricing between RM 316 and RM 395. Market pricing typically extends from RM 321.75 to RM 389.25, reflecting moderate variation in unit pricing. With an IQR of RM 67.50 and MAD of RM 40, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN BKT PIATU MUTIARA, Melaka Tengah, Melaka

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Transactions

4 properties found

Double Storey Terraced JALAN BPM 8
RM 580,000
1,539 sqft Feb 2024
RM 377.00 PSF
Double Storey Terraced JLN BPM 8
RM 545,000
1,539 sqft Jan 2024
RM 354.00 PSF
Double Storey Terraced JLN BPM UTAMA
RM 420,000
1,539 sqft Jan 2024
RM 273.00 PSF
3-Storey Storey Shop JALAN BPM 1
RM 600,000
1,679 sqft Jan 2024
RM 357.00 PSF