Area Intelligence

TMN MUHIBBAH

7 properties
2023
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Median Price
RM 465,000
PSF: RM 140

Residential Market

Median Price

RM 465,000

RM 140 PSF

PSF Trends (2021-2025)

TMN MUHIBBAH in Melaka Tengah, Melaka recorded 7 subsale transactions in 2023, with a median price of RM 465K and a median price per square foot (PSF) of RM 140.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 465K, with most transactions falling within a stable range of RM 449K to RM 466K, and a typical market range of RM 464K to RM 466K.

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

For price per square foot, the median is RM 140, with most transactions between RM 135 and RM 145. The usual range is RM 139.50 to RM 140.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 1.00 and an average deviation (MAD) of RM 5 indicate a highly stable PSF trend across properties.

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 MUHIBBAH, Melaka Tengah, Melaka

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Transactions

7 properties found

Single Storey Semi-D JLN MUHIBBAH
RM 419,000
3,315 sqft Aug 2023
RM 126.00 PSF
Single Storey Semi-D JLN MUHIBBAH
RM 465,000
3,305 sqft Jul 2023
RM 141.00 PSF
Single Storey Semi-D JLN MUHIBBAH
RM 466,000
3,326 sqft Jun 2023
RM 140.00 PSF
Single Storey Semi-D JLN MUHIBBAH
RM 462,000
3,261 sqft Apr 2023
RM 142.00 PSF
Single Storey Semi-D JLN MUHIBBAH
RM 464,000
3,315 sqft Apr 2023
RM 140.00 PSF
Single Storey Semi-D JLN MUHIBBAH
RM 465,000
3,315 sqft Apr 2023
RM 140.00 PSF
Single Storey Semi-D JLN MUHIBBAH
RM 465,000
3,305 sqft Mar 2023
RM 141.00 PSF