Area Intelligence

TMN PELANGI

9 properties
Single Storey Terraced
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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 Single Storey Terraced properties subsale transactions between 2021 and 2025 for single storey terraced properties, 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 262K to RM 430K, and a typical market range of RM 270K to RM 430K.

Within the Single Storey Terraced category, 1 - 1 1/2 storey terraced dominated the market, with minimal variety in property types.

Price per square foot shows a median of RM 167, though individual units vary from RM 127 to RM 207 in the core range. The broader market spans RM 142.00 to RM 192.00, indicating diverse property characteristics. The spread of RM 50.00 (IQR) and deviation of RM 40 (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 grouped by size

1,200 sqft
2 units Single Storey Terraced
RM 255,000
JLN PULAU GADONG 4
1,195 sqft · RM 213.00 PSF
Dec 2022
RM 200,000
JLN PULAU GADONG 4
1,195 sqft · RM 167.00 PSF
Sep 2022
1,650 sqft
1 units Single Storey Terraced
RM 350,000
LRG 4, JLN PULAU GADONG 6
1,658 sqft · RM 211.00 PSF
May 2024
1,750 sqft
1 units Single Storey Terraced
RM 200,000
LRG 4
1,755 sqft · RM 114.00 PSF
Mar 2023
2,200 sqft
1 units Single Storey Terraced
RM 415,000
JALAN PULAU GADONG 4
2,196 sqft · RM 189.00 PSF
Jun 2024
2,300 sqft
2 units Single Storey Terraced
RM 320,000
JALAN PULAU GADONG 4
2,303 sqft · RM 139.00 PSF
Aug 2023
RM 420,000
JALAN PULAU GADONG 8
2,293 sqft · RM 183.00 PSF
May 2023
2,850 sqft
1 units Single Storey Terraced
RM 400,000
JLN PULAU GADONG 6
2,831 sqft · RM 141.00 PSF
Sep 2022
4,600 sqft
1 units Single Storey Terraced
RM 430,000
JALAN PG 6
4,596 sqft · RM 94.00 PSF
Nov 2024