Area Intelligence

TMN PASIR MAS

6 properties
2023
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Median Price
RM 494,000
PSF: RM 113

Residential Market

Median Price

RM 494,000

IQR: RM 91
MAD: RM 41
RM 113 PSF 34.0%

PSF Trends (2021-2025)

TMN PASIR MAS in Melaka Tengah, Melaka recorded 6 subsale transactions in 2023, with a median price of RM 494K and a median price per square foot (PSF) of RM 113.

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 494K, with most transactions falling within a stable range of RM 370K to RM 646K, and a typical market range of RM 434K to RM 554K.

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

Price per square foot shows a median of RM 113, though individual units vary from RM 67 to RM 158 in the core range. The broader market spans RM 71.25 to RM 153.75, indicating diverse property characteristics. A wider spread (IQR: RM 82.50) and deviation (MAD: RM 46) 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 PASIR MAS, Melaka Tengah, Melaka

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Transactions

6 properties grouped by size

3,400 sqft
1 units Single Storey Semi-D
RM 370,000
JALAN PE 2
3,380 sqft · RM 109.00 PSF
Aug 2023
3,650 sqft
1 units Double Storey Semi-D
RM 850,000
JALAN PE 2A
3,670 sqft · RM 232.00 PSF
Aug 2023
4,250 sqft
1 units Detached
RM 488,000
JLN PE 5
4,252 sqft · RM 115.00 PSF
Jul 2023
4,550 sqft
2 units
RM 500,000
Detached JLN PE 6
4,532 sqft · RM 110.00 PSF
Mar 2023
RM 450,000
Single Storey Semi-D PE 3
4,564 sqft · RM 99.00 PSF
Jan 2023
4,650 sqft
1 units Single Storey Semi-D
RM 560,000
JALAN PE 1
4,650 sqft · RM 120.00 PSF
Sep 2023