Area Intelligence

TMN TG MINYAK JAYA

7 properties
2022
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Median Price
RM 362,000
PSF: RM 203

Residential Market

Median Price

RM 306,000

IQR: RM 47
MAD: RM 24
RM 202 PSF 22.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 450,000

IQR: RM 58
MAD: RM 28
RM 268 PSF 5.4%

PSF Trends (2021-2025)

TMN TG MINYAK JAYA in Melaka Tengah, Melaka recorded 7 subsale transactions in 2022, with a median price of RM 362K and a median price per square foot (PSF) of RM 203.

This area contains both residential and commercial properties. View 46 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 362K, with most transactions falling within a stable range of RM 273K to RM 450K, and a typical market range of RM 259K to RM 450K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 203, with core pricing between RM 164 and RM 242. Market pricing typically extends from RM 164.75 to RM 241.25, reflecting moderate variation in unit pricing. The spread of RM 76.50 (IQR) and deviation of RM 39 (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 TG MINYAK JAYA, Melaka Tengah, Melaka

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Transactions

7 properties grouped by size

1,200 sqft
2 units Single Storey Terraced
RM 243,000
JLN TMJ 2
1,195 sqft · RM 203.00 PSF
Oct 2022
RM 240,000
JLN TMJ 3
1,195 sqft · RM 201.00 PSF
Sep 2022
1,550 sqft
2 units Double Storey Terraced
RM 362,000
JALAN TMJ
1,539 sqft · RM 235.00 PSF
Dec 2022
RM 400,000
JLN TMJ 6
1,550 sqft · RM 258.00 PSF
Mar 2022
1,600 sqft
1 units Single Storey Terraced
RM 250,000
JALAN TMJ 7
1,604 sqft · RM 156.00 PSF
Oct 2022
1,700 sqft
1 units Single Storey Shop
RM 450,000
JLN TMJ 29
1,679 sqft · RM 268.00 PSF
Jun 2022
2,600 sqft
1 units Double Storey Terraced
RM 446,000
JALAN TMJ
2,605 sqft · RM 171.00 PSF
Jul 2022