Area Intelligence

TMN MELAKA BARU

1 properties
3-Storey Storey Shop
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Median Price
RM 950,000
PSF: RM 679

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 950,000

IQR: RM 43
MAD: RM 29
RM 679 PSF 5.3%

PSF Trends (2021-2025)

TMN MELAKA BARU in Melaka Tengah, Melaka recorded 1 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 950K and a median price per square foot (PSF) of RM 679.

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.

Within the 3-Storey Storey Shop category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 679, with most transactions between RM 679 and RM 679. The usual range is RM 634.50 to RM 723.50, showing that most units are priced quite close to each other. With an IQR of RM 89.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. 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

1 properties grouped by size

1,400 sqft
1 units 3-Storey Storey Shop
RM 950,000
MELAKA BARU 22
1,399 sqft · RM 679.00 PSF
Sep 2023