Area Intelligence

TMN MELAKA BARU FASA 3A

10 properties
2024
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Median Price
RM 260,000
PSF: RM 216

Residential Market

Median Price

RM 260,000

IQR: RM 72
MAD: RM 39
RM 216 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 2024, with a median price of RM 260K and a median price per square foot (PSF) of RM 216.

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 260K, with most transactions falling within a stable range of RM 187K to RM 333K, and a typical market range of RM 214K to RM 306K.

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 216, though individual units vary from RM 169 to RM 262 in the core range. The broader market spans RM 180.63 to RM 250.38, indicating diverse property characteristics. The spread of RM 69.75 (IQR) and deviation of RM 47 (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 grouped by size

800 sqft
3 units Low-Cost House
RM 140,000
JALAN MELAKA BARU 3/5
775 sqft · RM 181.00 PSF
Aug 2024
RM 260,000
JALAN MELAKA BARU 3/6
775 sqft · RM 335.00 PSF
Aug 2024
RM 135,000
JALAN MELAKA BARU 3/9
775 sqft · RM 174.00 PSF
Aug 2024
950 sqft
1 units Double Storey Terraced
RM 200,000
JALAN MB 3/6
958 sqft · RM 209.00 PSF
Sep 2024
1,150 sqft
3 units Double Storey Terraced
RM 260,000
JALAN MELAKA BARU 2/3
1,173 sqft · RM 222.00 PSF
Aug 2024
RM 280,000
JALAN MB 2/3
1,173 sqft · RM 239.00 PSF
Mar 2024
RM 275,000
JALAN MELAKA BARU 2/1
1,173 sqft · RM 234.00 PSF
Mar 2024
1,250 sqft
1 units Double Storey Terraced
RM 253,000
JLN MB 1/2
1,259 sqft · RM 201.00 PSF
Mar 2024
1,300 sqft
1 units Double Storey Terraced
RM 350,000
JLN MELAKA BARU 21
1,302 sqft · RM 269.00 PSF
Oct 2024
2,050 sqft
1 units Double Storey Terraced
RM 370,000
LORONG 3, JALAN MELAKA BARU 3/8
2,045 sqft · RM 181.00 PSF
Apr 2024