TMN MAS MERAH
Residential Market
Median Price
RM 160,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 600,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Single Storey Terraced
17 properties
Median Price
RM 240,000
+16.0% CAGR
Median PSF
RM 184.00
+20.2% CAGR
Double Storey Terraced
5 properties
Median Price
RM 709,500
+16.5% CAGR
Median PSF
RM 283.75
-6.5% CAGR
Double Storey Shop
1 properties
Median Price
RM 600,000
Median PSF
RM 390.00
Low-Cost House
1 properties
Median Price
RM 140,000
Median PSF
RM 117.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Single Storey Terraced | 17 |
RM 240,000
±45K MAD
|
+16.04% |
RM 184.00
±32 MAD
|
+20.18% | |
Double Storey Terraced | 5 |
RM 709,500
±70K MAD
|
+16.45% |
RM 283.75
±17 MAD
|
-6.50% | |
Double Storey Shop | 1 |
RM 600,000
|
- |
RM 390.00
|
- | |
Low-Cost House | 1 |
RM 140,000
|
- |
RM 117.00
|
- |
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.
Filter by type, year, price, and size
Transactions
1 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Single Storey Terraced |
JLN MURNI
|
RM 160,000
|
RM 104.00
|
1,539 sqft
|
Dec 2021
|