Area Intelligence

TMN MELAKA BARU

9 properties
Double Storey Terraced
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Median Price
RM 270,000
PSF: RM 222

Residential Market

Median Price

RM 270,000

IQR: RM 79
MAD: RM 35
RM 222 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 9 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 270K and a median price per square foot (PSF) of RM 222.

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 270K, with most transactions falling within a stable range of RM 226K to RM 314K, and a typical market range of RM 200K to RM 345K.

Within the Double 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 222, though individual units vary from RM 168 to RM 276 in the core range. The broader market spans RM 177.50 to RM 266.50, indicating diverse property characteristics. The spread of RM 89.00 (IQR) and deviation of RM 54 (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. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN MELAKA BARU, Melaka Tengah, Melaka

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Transactions

9 properties grouped by size

950 sqft
2 units Double Storey Terraced
RM 280,000
LORONG 1
958 sqft · RM 292.00 PSF
Jan 2024
RM 300,000
JLN MELAKA BARU
958 sqft · RM 313.00 PSF
Sep 2023
1,100 sqft
2 units Double Storey Terraced
RM 200,000
JALAN MELAKA BARU 3/4
1,119 sqft · RM 179.00 PSF
Jun 2023
RM 200,000
JALAN MELAKA BARU 3/2
1,119 sqft · RM 179.00 PSF
Oct 2022
1,150 sqft
2 units Double Storey Terraced
RM 350,000
JLN MELAKA BARU 2/3
1,173 sqft · RM 298.00 PSF
Nov 2023
RM 260,000
JALAN MELAKA BARU 2/3
1,173 sqft · RM 222.00 PSF
Jan 2022
1,250 sqft
1 units Double Storey Terraced
RM 280,000
JLN MB 1
1,259 sqft · RM 222.00 PSF
Mar 2023
1,450 sqft
2 units Double Storey Terraced
RM 250,000
JALAN MB 3/2
1,442 sqft · RM 173.00 PSF
Apr 2023
RM 270,000
JLN MELAKA BARU 3/2
1,442 sqft · RM 187.00 PSF
Jul 2022