TMN PELANGI
Residential Market
Median Price
RM 255,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Single Storey Terraced
148 properties
Median Price
RM 495,000
+7.2% CAGR
Median PSF
RM 248.00
+10.2% CAGR
Double Storey Terraced
114 properties
Median Price
RM 700,000
+8.2% CAGR
Median PSF
RM 381.00
+5.5% CAGR
Double Storey Semi-D
34 properties
Median Price
RM 1,162,500
+1.4% CAGR
Median PSF
RM 358.00
-5.6% CAGR
3-Storey Storey Shop
31 properties
Median Price
RM 2,708,500
-3.3% CAGR
Median PSF
RM 1,485.50
+1.1% CAGR
Condo/Apartment
29 properties
Median Price
RM 530,000
-36.7% CAGR
Median PSF
RM 312.00
-29.7% CAGR
Detached
10 properties
Median Price
RM 1,150,000
+6.3% CAGR
Median PSF
RM 150.00
+12.1% CAGR
Single Storey Semi-D
8 properties
Median Price
RM 740,000
+4.3% CAGR
Median PSF
RM 220.50
+21.7% CAGR
Low-Cost House
4 properties
Median Price
RM 150,000
+3.6% CAGR
Median PSF
RM 193.00
+3.6% CAGR
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Single Storey Terraced | 148 |
RM 495,000
±64K MAD
|
+7.21% |
RM 248.00
±15 MAD
|
+10.25% | |
| Double Storey Terraced | 114 |
RM 700,000
±50K MAD
|
+8.17% |
RM 381.00
±11 MAD
|
+5.54% | |
| Double Storey Semi-D | 34 |
RM 1,162,500
±50K MAD
|
+1.37% |
RM 358.00
±13 MAD
|
-5.59% | |
| 3-Storey Storey Shop | 31 |
RM 2,708,500
±138K MAD
|
-3.27% |
RM 1,485.50
±53 MAD
|
+1.07% | |
| Condo/Apartment | 29 |
RM 530,000
±70K MAD
|
-36.68% |
RM 312.00
±54 MAD
|
-29.75% | |
| Detached | 10 |
RM 1,150,000
±742K MAD
|
+6.26% |
RM 150.00
±37 MAD
|
+12.13% | |
| Single Storey Semi-D | 8 |
RM 740,000
±58K MAD
|
+4.26% |
RM 220.50
±32 MAD
|
+21.67% | |
| Low-Cost House | 4 |
RM 150,000
|
+3.57% |
RM 193.00
±22 MAD
|
+3.58% |
TMN PELANGI in Melaka Tengah, Melaka recorded 3 subsale transactions in 2022, with a median price of RM 255K 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 255K, with most transactions falling within a stable range of RM 200K to RM 339K, and a typical market range of RM 200K to RM 335K.
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 137 and RM 197. 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 30 (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.
Filter by type, year, price, and size
Transactions
3 properties found
|
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
|---|---|---|---|---|---|
| Single Storey Terraced |
JLN PULAU GADONG 4
|
RM 255,000
|
RM 213.00
|
1,195 sqft
|
Dec 2022
|
| Single Storey Terraced |
JLN PULAU GADONG 4
|
RM 200,000
|
RM 167.00
|
1,195 sqft
|
Sep 2022
|
| Single Storey Terraced |
JLN PULAU GADONG 6
|
RM 400,000
|
RM 141.00
|
2,831 sqft
|
Sep 2022
|