Area Intelligence

TMN MELAKA BARU

30 properties
Single Storey Terraced
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Median Price
RM 300,000
PSF: RM 191

Residential Market

Median Price

RM 300,000

IQR: RM 79
MAD: RM 35
RM 191 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 30 Single Storey Terraced properties subsale transactions between 2021 and 2025 for single storey terraced properties, with a median price of RM 300K and a median price per square foot (PSF) of RM 191.

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.

Within the Single Storey Terraced category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 191, though individual units vary from RM 147 to RM 235 in the core range. The broader market spans RM 146.50 to RM 235.50, 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

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Transactions

30 properties grouped by size

1,550 sqft
28 units (showing 6) Single Storey Terraced
RM 300,000
JLN MERBOK
1,540 sqft · RM 195.00 PSF
Aug 2024
RM 280,000
JALAN MERAK
1,539 sqft · RM 182.00 PSF
Jul 2024
RM 265,000
JALAN MERPATI 7
1,539 sqft · RM 172.00 PSF
Jul 2024
RM 300,000
JALAN MERPATI 3
1,528 sqft · RM 196.00 PSF
May 2024
RM 353,000
JLN MERAK
1,540 sqft · RM 229.00 PSF
May 2024
RM 300,000
JALAN MERPATI 5
1,539 sqft · RM 195.00 PSF
Mar 2024
2,850 sqft
1 units Single Storey Terraced
RM 258,000
JLN MERBOK
2,828 sqft · RM 91.00 PSF
Mar 2022
4,500 sqft
1 units Single Storey Terraced
RM 360,000
JALAN MERPATI 5
4,478 sqft · RM 80.00 PSF
May 2023