Area Intelligence

TMN MUTIARA MELAKA

6 properties
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Median Price
RM 1,175,000
PSF: RM 764

Commercial Market

Median Price

RM 1,175,000

IQR: RM 80
MAD: RM 48
RM 764 PSF 1.0%

PSF Trends (2021-2025)

TMN MUTIARA MELAKA in Melaka Tengah, Melaka recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 1.18 million and a median price per square foot (PSF) of RM 764.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.18 million, with most transactions falling within a stable range of RM 1.10 million to RM 1.25 million, and a typical market range of RM 1.11 million to RM 1.24 million.

Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 764, with most transactions between RM 716 and RM 811. The usual range is RM 723.75 to RM 803.25, showing that most units are priced quite close to each other. With an IQR of RM 79.50 and MAD of RM 48, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN MUTIARA MELAKA, Melaka Tengah, Melaka

OSM

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Transactions

6 properties grouped by size

1,550 sqft
5 units 3-Storey Storey Shop
RM 1,200,000
JALAN MUTIARA 2
1,539 sqft · RM 780.00 PSF
Sep 2024
RM 900,000
JALAN MUTIARA 3
1,539 sqft · RM 585.00 PSF
Jun 2023
RM 1,100,000
JALAN MUTIARA 3
1,539 sqft · RM 715.00 PSF
Jan 2023
RM 1,250,000
JALAN MUTIARA
1,539 sqft · RM 812.00 PSF
Nov 2022
RM 1,150,000
JALAN MUTIARA 2
1,539 sqft · RM 747.00 PSF
Nov 2022
1,850 sqft
1 units 3-Storey Storey Shop
RM 1,500,000
JJALAN MUTIARA MELAKA 3
1,851 sqft · RM 810.00 PSF
May 2024