Area Intelligence

TMN NOORBAR

3 properties
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Median Price
RM 390,000
PSF: RM 112

Residential Market

Median Price

RM 250,000

RM 162 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN NOORBAR in Melaka Tengah, Melaka recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 390K and a median price per square foot (PSF) of RM 112.

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 390K, with most transactions falling within a stable range of RM 380K to RM 400K, and a typical market range of RM 353K to RM 400K.

Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.

The median PSF stands at RM 112, with core pricing between RM 99 and RM 125. Market pricing typically extends from RM 96.25 to RM 127.75, reflecting moderate variation in unit pricing. With an IQR of RM 31.50 and MAD of RM 13, 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. 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 NOORBAR, Melaka Tengah, Melaka

OSM

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Transactions

3 properties grouped by size

1,550 sqft
1 units Single Storey Terraced
RM 250,000
JALAN BKT SERINDIT
1,539 sqft · RM 162.00 PSF
Jan 2024
3,600 sqft
1 units Single Storey Semi-D
RM 400,000
JALAN TAMAN NOORBAR
3,584 sqft · RM 112.00 PSF
Jan 2023
3,900 sqft
1 units Single Storey Semi-D
RM 390,000
JALAN TAMAN NOORBAR
3,922 sqft · RM 99.00 PSF
Oct 2024