Area Intelligence

TMN SERI GELAM

2 properties
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Median Price
RM 280,000
PSF: RM 163

Residential Market

Median Price

RM 280,000

IQR: RM 14
MAD: RM 14
RM 163 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN SERI GELAM in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 280K and a median price per square foot (PSF) of RM 163.

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 280K, with most transactions falling within a stable range of RM 230K to RM 330K, and a typical market range of RM 255K to RM 305K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

For price per square foot, the median is RM 163, with most transactions between RM 149 and RM 176. The usual range is RM 155.75 to RM 169.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 13.50 and an average deviation (MAD) of RM 14 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN SERI GELAM, Melaka Tengah, Melaka

OSM

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Transactions

2 properties grouped by size

1,550 sqft
1 units Single Storey Terraced
RM 230,000
JALAN GELAM RIA 2
1,539 sqft · RM 149.00 PSF
May 2022
1,850 sqft
1 units Double Storey Terraced
RM 330,000
JALAN GELAM RIA 5A
1,873 sqft · RM 176.00 PSF
Jul 2022