Area Intelligence

TMN BKT PIATU MUTIARA

10 properties
2022
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Median Price
RM 531,500
PSF: RM 317

Residential Market

Median Price

RM 543,000

IQR: RM 148
MAD: RM 57
RM 307 PSF 7.4%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 520,000

IQR: RM 28
MAD: RM 16
RM 338 PSF 1.5%

PSF Trends (2021-2025)

TMN BKT PIATU MUTIARA in Melaka Tengah, Melaka recorded 10 subsale transactions in 2022, with a median price of RM 532K and a median price per square foot (PSF) of RM 317.

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 532K, with most transactions falling within a stable range of RM 392K to RM 671K, and a typical market range of RM 477K to RM 587K.

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

Price per square foot shows a median of RM 317, though individual units vary from RM 232 to RM 402 in the core range. The broader market spans RM 283.25 to RM 350.75, indicating diverse property characteristics. A wider spread (IQR: RM 67.50) and deviation (MAD: RM 85) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

Area Location

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TMN BKT PIATU MUTIARA, Melaka Tengah, Melaka

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Transactions

10 properties grouped by size

1,200 sqft
1 units Double Storey Terraced
RM 370,000
JALAN BPM 12
1,206 sqft · RM 307.00 PSF
Mar 2022
1,550 sqft
5 units
RM 543,000
Double Storey Terraced JALAN BPM 8
1,539 sqft · RM 353.00 PSF
Nov 2022
RM 500,000
Double Storey Shop JALAN BPM 4
1,539 sqft · RM 325.00 PSF
Jul 2022
RM 550,000
Double Storey Shop JALAN BPM 2
1,539 sqft · RM 357.00 PSF
May 2022
RM 520,000
Double Storey Shop JALAN BPM 2
1,539 sqft · RM 338.00 PSF
Mar 2022
RM 475,000
Double Storey Terraced JALAN BPM 10
1,539 sqft · RM 309.00 PSF
Feb 2022
1,750 sqft
1 units Double Storey Shop
RM 450,000
JALAN BPM 13
1,755 sqft · RM 256.00 PSF
Jul 2022
2,200 sqft
1 units Double Storey Shop
RM 800,000
JALAN BPM 13
2,185 sqft · RM 366.00 PSF
Feb 2022
5,250 sqft
1 units Double Storey Semi-D
RM 799,000
LORONG 1
5,274 sqft · RM 151.00 PSF
Jul 2022
6,400 sqft
1 units Double Storey Semi-D
RM 700,000
JALAN BPM 17
6,394 sqft · RM 109.00 PSF
May 2022