Area Intelligence

TMN PASIR MAS

3 properties
2024
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Median Price
RM 315,000
PSF: RM 201

Residential Market

Median Price

RM 315,000

IQR: RM 91
MAD: RM 41
RM 201 PSF 34.0%

PSF Trends (2021-2025)

TMN PASIR MAS in Melaka Tengah, Melaka recorded 3 subsale transactions in 2024, with a median price of RM 315K and a median price per square foot (PSF) of RM 201.

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 315K, with most transactions falling within a stable range of RM 290K to RM 409K, and a typical market range of RM 290K to RM 375K.

Most transactions involved detached, with high diversity across multiple property types.

Price per square foot shows a median of RM 201, though individual units vary from RM 157 to RM 245 in the core range. The broader market spans RM 159.75 to RM 242.25, indicating diverse property characteristics. The spread of RM 82.50 (IQR) and deviation of RM 44 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN PASIR MAS, Melaka Tengah, Melaka

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Transactions

3 properties found

Single Storey Terraced JALAN PE 2
RM 315,000
1,442 sqft Oct 2024
RM 218.00 PSF
Detached JLN PE 4
RM 500,000
4,252 sqft Jul 2024
RM 118.00 PSF
Single Storey Terraced JLN PE 2
RM 290,000
1,442 sqft May 2024
RM 201.00 PSF