Area Intelligence

TMN PELANGI

9 properties
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Median Price
RM 350,000
PSF: RM 167

Residential Market

Median Price

RM 350,000

IQR: RM 50
MAD: RM 28
RM 167 PSF 6.4%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN PELANGI in Melaka Tengah, Melaka recorded 9 subsale transactions between 2021 and 2025, with a median price of RM 350K and a median price per square foot (PSF) of RM 167.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 350K, with most transactions falling within a stable range of RM 280K to RM 420K, and a typical market range of RM 270K to RM 430K.

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

The median PSF stands at RM 167, with core pricing between RM 139 and RM 195. Market pricing typically extends from RM 142.00 to RM 192.00, reflecting moderate variation in unit pricing. The spread of RM 50.00 (IQR) and deviation of RM 28 (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 PELANGI, Melaka Tengah, Melaka

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Transactions

9 properties found

Single Storey Terraced JALAN PG 6
RM 430,000
4,596 sqft Nov 2024
RM 94.00 PSF
Single Storey Terraced JALAN PULAU GADONG 4
RM 415,000
2,196 sqft Jun 2024
RM 189.00 PSF
Single Storey Terraced LRG 4, JLN PULAU GADONG 6
RM 350,000
1,658 sqft May 2024
RM 211.00 PSF
Single Storey Terraced JALAN PULAU GADONG 4
RM 320,000
2,303 sqft Aug 2023
RM 139.00 PSF
Single Storey Terraced JALAN PULAU GADONG 8
RM 420,000
2,293 sqft May 2023
RM 183.00 PSF
Single Storey Terraced LRG 4
RM 200,000
1,755 sqft Mar 2023
RM 114.00 PSF
Single Storey Terraced JLN PULAU GADONG 4
RM 255,000
1,195 sqft Dec 2022
RM 213.00 PSF
Single Storey Terraced JLN PULAU GADONG 4
RM 200,000
1,195 sqft Sep 2022
RM 167.00 PSF
Single Storey Terraced JLN PULAU GADONG 6
RM 400,000
2,831 sqft Sep 2022
RM 141.00 PSF