Area Intelligence

TMN NIRWANA

4 properties
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Median Price
RM 280,000
PSF: RM 191

Residential Market

Median Price

RM 270,000

IQR: RM 27
MAD: RM 4
RM 193 PSF 21.4%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN NIRWANA in Melaka Tengah, Melaka recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 280K and a median price per square foot (PSF) of RM 191.

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 280K, with most transactions falling within a stable range of RM 268K to RM 293K, and a typical market range of RM 265K to RM 308K.

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

The median PSF stands at RM 191, with core pricing between RM 164 and RM 218. Market pricing typically extends from RM 168.63 to RM 213.38, reflecting moderate variation in unit pricing. With an IQR of RM 44.75 and MAD of RM 27, 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 NIRWANA, Melaka Tengah, Melaka

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Transactions

4 properties grouped by size

1,200 sqft
1 units Double Storey Terraced
RM 290,000
NIRWANA 9
1,195 sqft · RM 243.00 PSF
Oct 2022
1,400 sqft
2 units Single Storey Terraced
RM 270,000
JLN NIRWANA 11
1,399 sqft · RM 193.00 PSF
Aug 2023
RM 265,000
JLN NIRWANA 11
1,399 sqft · RM 189.00 PSF
May 2023
5,650 sqft
1 units Single Storey Semi-D
RM 430,000
JLN NIRWANA 9
5,640 sqft · RM 76.00 PSF
May 2023