Area Intelligence

TMN CEMPAKA AVENUE

1 properties
2023
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Median Price
RM 620,000
PSF: RM 103

Residential Market

Median Price

RM 620,000

IQR: RM 25
MAD: RM 15
RM 103 PSF 20.0%

PSF Trends (2021-2025)

TMN CEMPAKA AVENUE in Melaka Tengah, Melaka recorded 1 subsale transactions in 2023, with a median price of RM 620K and a median price per square foot (PSF) of RM 103.

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

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved detached, with minimal variety in property types.

For price per square foot, the median is RM 103, with most transactions between RM 103 and RM 103. The usual range is RM 90.75 to RM 115.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 24.50 and an average deviation (MAD) of RM 0 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 CEMPAKA AVENUE, Melaka Tengah, Melaka

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Transactions

1 properties grouped by size

6,000 sqft
1 units Detached
RM 620,000
TMN CEMPAKA
6,017 sqft · RM 103.00 PSF
Aug 2023