Area Intelligence

TMN MELAKA BARU FASA 3A

4 properties
2021
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Median Price
RM 290,000
PSF: RM 167

Residential Market

Median Price

RM 290,000

IQR: RM 72
MAD: RM 39
RM 167 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 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.

Area Location

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TMN MELAKA BARU FASA 3A, Melaka Tengah, Melaka

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Transactions

4 properties grouped by size

1,150 sqft
1 units Double Storey Terraced
RM 180,000
JALAN MELAKA BARU 2/1
1,173 sqft · RM 153.00 PSF
Nov 2021
1,300 sqft
1 units Double Storey Terraced
RM 350,000
JLN MELAKA BARU 19
1,302 sqft · RM 269.00 PSF
Dec 2021
1,850 sqft
1 units Low-Cost House
RM 230,000
JALAN MELAKA BARU 3/14
1,841 sqft · RM 125.00 PSF
Dec 2021
3,350 sqft
1 units Double Storey Semi-D
RM 600,000
TAMAN MELAKA BARU
3,329 sqft · RM 180.00 PSF
Dec 2021