TANAH MERAH JAYA

1 properties

2021

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Median Price

RM 160,000

PSF: RM 149

Residential Market

Median Price

RM 160,000

IQR: RM 56

MAD: RM 31

RM 149 PSF 15.2%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

Single Storey Terraced

7 properties

Median Price

RM 155,000

-6.3% CAGR

Median PSF

RM 122.75

+30.5% CAGR

Double Storey Terraced

4 properties

Median Price

RM 160,000

+27.5% CAGR

Median PSF

RM 141.00

-2.7% CAGR

Detached

1 properties

Median Price

RM 640,000

Median PSF

RM 127.00

Low-Cost House

1 properties

Median Price

RM 230,000

Median PSF

RM 91.00

Property Type	Properties	Median Price	Price CAGR	Median PSF	PSF CAGR
Single Storey Terraced	7	RM 155,000 ±5K MAD	-6.25%	RM 122.75 ±16 MAD	+30.52%
Double Storey Terraced	4	RM 160,000 ±30K MAD	+27.48%	RM 141.00 ±8 MAD	-2.72%
Detached	1	RM 640,000	-	RM 127.00	-
Low-Cost House	1	RM 230,000	-	RM 91.00	-

TANAH MERAH JAYA in Melaka Tengah, Melaka recorded 1 subsale transactions in 2021, with a median price of RM 160K and a median price per square foot (PSF) of RM 149.

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 2 - 2 1/2 storey semi-det, with moderate diversity in property types available.

For price per square foot, the median is RM 149, with most transactions between RM 149 and RM 149. The usual range is RM 121.13 to RM 176.88, showing that most units are priced quite close to each other. With an IQR of RM 55.75 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.