TMN MELAKA BARU FASA 3A
Residential Market
Median Price
RM 290,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 380,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Terraced
22 properties
Median Price
RM 265,000
+2.3% CAGR
Median PSF
RM 222.00
+9.5% CAGR
Low-Cost House
12 properties
Median Price
RM 205,000
-15.3% CAGR
Median PSF
RM 197.00
+13.1% CAGR
Double Storey Semi-D
1 properties
Median Price
RM 600,000
Median PSF
RM 180.00
Double Storey Shop
1 properties
Median Price
RM 380,000
Median PSF
RM 216.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Double Storey Terraced | 22 |
RM 265,000
±10K MAD
|
+2.28% |
RM 222.00
±10 MAD
|
+9.47% | |
Low-Cost House | 12 |
RM 205,000
±25K MAD
|
-15.25% |
RM 197.00
±29 MAD
|
+13.13% | |
Double Storey Semi-D | 1 |
RM 600,000
|
- |
RM 180.00
|
- | |
Double Storey Shop | 1 |
RM 380,000
|
- |
RM 216.00
|
- |
TMN MELAKA BARU FASA 3A in Melaka Tengah, Melaka recorded 4 subsale transactions in 2021, with a median price of RM 290K and a median price per square foot (PSF) of RM 167.
This area contains both residential and commercial properties. View 35 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 290K, with most transactions falling within a stable range of RM 180K to RM 452K, and a typical market range of RM 244K to RM 336K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
Price per square foot shows a median of RM 167, though individual units vary from RM 113 to RM 221 in the core range. The broader market spans RM 131.63 to RM 201.38, indicating diverse property characteristics. A wider spread (IQR: RM 69.75) and deviation (MAD: RM 54) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
4 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Double Storey Semi-D |
TAMAN MELAKA BARU
|
RM 600,000
|
RM 180.00
|
3,329 sqft
|
Dec 2021
|
Double Storey Terraced |
JLN MELAKA BARU 19
|
RM 350,000
|
RM 269.00
|
1,302 sqft
|
Dec 2021
|
Low-Cost House |
JALAN MELAKA BARU 3/14
|
RM 230,000
|
RM 125.00
|
1,841 sqft
|
Dec 2021
|
Double Storey Terraced |
JALAN MELAKA BARU 2/1
|
RM 180,000
|
RM 153.00
|
1,173 sqft
|
Nov 2021
|