Area Intelligence

TMN MELAKA BARU FASA 3A

10 properties
2023
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Median Price
RM 225,000
PSF: RM 226

Residential Market

Median Price

RM 225,000

IQR: RM 72
MAD: RM 39
RM 226 PSF 9.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 380,000

RM 216 PSF

PSF Trends (2021-2025)

TMN MELAKA BARU FASA 3A in Melaka Tengah, Melaka recorded 10 subsale transactions in 2023, with a median price of RM 225K and a median price per square foot (PSF) of RM 226.

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 225K, with most transactions falling within a stable range of RM 185K to RM 347K, and a typical market range of RM 185K to RM 271K.

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 226, though individual units vary from RM 180 to RM 272 in the core range. The broader market spans RM 191.13 to RM 260.88, indicating diverse property characteristics. The spread of RM 69.75 (IQR) and deviation of RM 46 (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 FASA 3A, Melaka Tengah, Melaka

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Transactions

10 properties found

Low-Cost House LORONG 4
RM 185,000
775 sqft Dec 2023
RM 239.00 PSF
Double Storey Terraced JALAN MELAKA BARU 2/3
RM 300,000
1,173 sqft Sep 2023
RM 256.00 PSF
Double Storey Terraced JALAN MELKA BARU 3/8
RM 220,000
958 sqft Sep 2023
RM 230.00 PSF
Double Storey Terraced JLN MELAKA BARU 2/1
RM 615,000
3,961 sqft Sep 2023
RM 155.00 PSF
Low-Cost House JALAN MELAKA BARU 3/5
RM 230,000
775 sqft Aug 2023
RM 297.00 PSF
Double Storey Terraced LORONG 3
RM 213,000
958 sqft Jun 2023
RM 222.00 PSF
Double Storey Terraced JLN MELAKA BARU 19
RM 350,000
2,659 sqft Jun 2023
RM 132.00 PSF
Double Storey Terraced JALAN MELAKA BARU 3/2
RM 200,000
958 sqft May 2023
RM 209.00 PSF
Double Storey Terraced LORONG 1 OFF JLN MLKA BARU 3/8
RM 220,000
883 sqft May 2023
RM 249.00 PSF
Low-Cost House JALAN MELAKA BARU 3/12
RM 250,000
1,206 sqft Mar 2023
RM 207.00 PSF