Area Intelligence

TMN MELAKA BARU

65 properties
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Median Price
RM 280,000
PSF: RM 195

Residential Market

Median Price

RM 270,000

IQR: RM 79
MAD: RM 35
RM 194 PSF 9.7%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 500,000

IQR: RM 43
MAD: RM 29
RM 284 PSF 5.3%

PSF Trends (2021-2025)

TMN MELAKA BARU in Melaka Tengah, Melaka recorded 65 subsale transactions between 2021 and 2025, with a median price of RM 280K and a median price per square foot (PSF) of RM 195.

This area contains both residential and commercial properties. View 57 residential properties or 6 commercial properties separately for more focused analysis.

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 205K to RM 355K, and a typical market range of RM 205K to RM 355K.

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

Price per square foot shows a median of RM 195, though individual units vary from RM 151 to RM 239 in the core range. The broader market spans RM 150.50 to RM 239.50, indicating diverse property characteristics. The spread of RM 89.00 (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. Moderate transaction volume may require patience when buying or selling.

Area Location

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TMN MELAKA BARU, Melaka Tengah, Melaka

OSM

Transactions

65 properties found

Low-Cost House LORONG MERAK 3
RM 380,000
3,261 sqft Apr 2022
RM 117.00 PSF
Single Storey Terraced FASA II
RM 200,000
1,540 sqft Apr 2022
RM 130.00 PSF
Single Storey Terraced JLN MERBOK
RM 258,000
2,828 sqft Mar 2022
RM 91.00 PSF
Single Storey Terraced JLN MERPATI 3
RM 305,000
1,528 sqft Feb 2022
RM 200.00 PSF
Double Storey Shop JALAN MERBOK 1
RM 375,000
1,760 sqft Feb 2022
RM 213.00 PSF
Single Storey Terraced JLN MERPATI
RM 220,000
1,550 sqft Feb 2022
RM 142.00 PSF
Double Storey Terraced JALAN MELAKA BARU 2/3
RM 260,000
1,173 sqft Jan 2022
RM 222.00 PSF
Low-Cost House LORONG MURAI 2/1
RM 150,000
1,200 sqft Dec 2021
RM 125.00 PSF
Single Storey Terraced JALAN MURAI 2
RM 270,000
1,540 sqft Nov 2021
RM 175.00 PSF
Single Storey Terraced TMN MELAKA BARU
RM 180,000
1,540 sqft Aug 2021
RM 117.00 PSF
Single Storey Terraced JALAN MERPATI 4
RM 230,000
1,550 sqft Aug 2021
RM 148.00 PSF
Single Storey Semi-D JLN MERPATI 3
RM 400,000
3,218 sqft Aug 2021
RM 124.00 PSF
Single Storey Terraced JALAN MERPATI 4
RM 260,000
1,539 sqft Jul 2021
RM 169.00 PSF
Single Storey Terraced JALAN MELAKA BARU 1
RM 345,000
1,540 sqft May 2021
RM 224.00 PSF
Low-Cost House JALAN MERAK
RM 120,000
1,210 sqft Apr 2021
RM 99.00 PSF