Area Intelligence

TMN MELAKA BARU

18 properties
Low-Cost House
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Median Price
RM 185,000
PSF: RM 200

Residential Market

Median Price

RM 185,000

IQR: RM 79
MAD: RM 35
RM 200 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 18 Low-Cost House properties subsale transactions between 2021 and 2025 for low-cost house properties, with a median price of RM 185K and a median price per square foot (PSF) of RM 200.

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 185K, with most transactions falling within a stable range of RM 120K to RM 252K, and a typical market range of RM 120K to RM 260K.

Within the Low-Cost House 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 200, though individual units vary from RM 141 to RM 258 in the core range. The broader market spans RM 155.00 to RM 244.00, indicating diverse property characteristics. A wider spread (IQR: RM 89.00) and deviation (MAD: RM 59) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. 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

18 properties grouped by size

800 sqft
7 units Low-Cost House
RM 170,000
JALAN MELAKA BARU 3/5
775 sqft · RM 219.00 PSF
Oct 2024
RM 200,000
JALAN MELAKA BARU 3/8
775 sqft · RM 258.00 PSF
Oct 2024
RM 180,000
JLN MELAKA BARU 3/16
775 sqft · RM 232.00 PSF
Jun 2023
RM 175,000
JLN MELAKA BARU 3/12
775 sqft · RM 226.00 PSF
Mar 2023
RM 190,000
JALAN MELAKA BARU 3/10
775 sqft · RM 245.00 PSF
Nov 2022
RM 190,000
JLN MELAKA BARU 3/12
775 sqft · RM 245.00 PSF
Nov 2022
RM 200,000
JLN MELAKA BARU 3/10
775 sqft · RM 258.00 PSF
Aug 2022
1,200 sqft
8 units Low-Cost House
RM 270,000
LORONG MURAI 2/4
1,200 sqft · RM 225.00 PSF
Aug 2024
RM 230,000
JALAN MELAKA BARU 3/14
1,206 sqft · RM 191.00 PSF
Jun 2024
RM 175,000
JLN MURAI 1
1,200 sqft · RM 146.00 PSF
Jun 2024
RM 120,000
JLN MURAI 1/1
1,200 sqft · RM 100.00 PSF
Jun 2024
RM 130,000
LORONG MURAI 1/1
1,200 sqft · RM 108.00 PSF
May 2024
RM 135,000
LORONG MURAI 2/4
1,200 sqft · RM 113.00 PSF
May 2022
RM 150,000
LORONG MURAI 2/1
1,200 sqft · RM 125.00 PSF
Dec 2021
RM 120,000
JALAN MERAK
1,210 sqft · RM 99.00 PSF
Apr 2021
1,400 sqft
1 units Low-Cost House
RM 205,000
LORONG MERAK 3
1,399 sqft · RM 147.00 PSF
Jul 2022
1,550 sqft
1 units Low-Cost House
RM 320,000
TMN MELAKA BARU
1,540 sqft · RM 208.00 PSF
Apr 2024
3,250 sqft
1 units Low-Cost House
RM 380,000
LORONG MERAK 3
3,261 sqft · RM 117.00 PSF
Apr 2022