Area Intelligence

TMN MAS MERAH

1 properties
2021
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Median Price
RM 160,000
PSF: RM 104

Residential Market

Median Price

RM 160,000

IQR: RM 34
MAD: RM 15
RM 104 PSF 20.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 600,000

RM 390 PSF

PSF Trends (2021-2025)

TMN MAS MERAH in Melaka Tengah, Melaka recorded 1 subsale transactions in 2021, with a median price of RM 160K and a median price per square foot (PSF) of RM 104.

This area contains both residential and commercial properties. View 13 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 104, with most transactions between RM 104 and RM 104. The usual range is RM 87.50 to RM 120.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 33.00 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

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 MAS MERAH, Melaka Tengah, Melaka

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Transactions

1 properties found

Single Storey Terraced JLN MURNI
RM 160,000
1,539 sqft Dec 2021
RM 104.00 PSF