Area Intelligence

TMN MELAKA BARU

29 properties
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Median Price
RM 300,000
PSF: RM 194

Residential Market

Median Price

RM 300,000

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 29 subsale transactions between 2021 and 2025, with a median price of RM 300K and a median price per square foot (PSF) of RM 194.

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 300K, with most transactions falling within a stable range of RM 244K to RM 356K, and a typical market range of RM 225K to RM 375K.

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

The median PSF stands at RM 194, with core pricing between RM 158 and RM 230. Market pricing typically extends from RM 149.50 to RM 238.50, reflecting moderate variation in unit pricing. The spread of RM 89.00 (IQR) and deviation of RM 36 (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

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Transactions

29 properties grouped by size

1,550 sqft
29 units (showing 6)
RM 300,000
Single Storey Terraced JLN MERBOK
1,540 sqft · RM 195.00 PSF
Aug 2024
RM 280,000
Single Storey Terraced JALAN MERAK
1,539 sqft · RM 182.00 PSF
Jul 2024
RM 265,000
Single Storey Terraced JALAN MERPATI 7
1,539 sqft · RM 172.00 PSF
Jul 2024
RM 300,000
Single Storey Terraced JALAN MERPATI 3
1,528 sqft · RM 196.00 PSF
May 2024
RM 353,000
Single Storey Terraced JLN MERAK
1,540 sqft · RM 229.00 PSF
May 2024
RM 320,000
Low-Cost House TMN MELAKA BARU
1,540 sqft · RM 208.00 PSF
Apr 2024