TANAH MERAH JAYA

TANAH MERAH JAYA in Melaka Tengah, Melaka recorded 4 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 180K and a median price per square foot (PSF) of RM 135.

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 180K, with most transactions falling within a stable range of RM 130K to RM 252K, and a typical market range of RM 153K to RM 208K.

Within the Double Storey Terraced category, 2 - 2 1/2 storey semi-det dominated the market, with moderate diversity in property types available.

Price per square foot shows a median of RM 135, though individual units vary from RM 102 to RM 168 in the core range. The broader market spans RM 107.13 to RM 162.88, indicating diverse property characteristics. The spread of RM 55.75 (IQR) and deviation of RM 33 (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.