Area Intelligence

TMN TG MINYAK SETIA (P.LOT.7199)

2 properties
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Median Price
RM 744,000
PSF: RM 368

Commercial Market

Median Price

RM 744,000

IQR: RM 108
MAD: RM 108
RM 368 PSF 82.7%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN TG MINYAK SETIA (P.LOT.7199) in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 744K and a median price per square foot (PSF) of RM 368.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 744K, with most transactions falling within a stable range of RM 400K to RM 1.09 million, and a typical market range of RM 572K to RM 916K.

Most transactions involved 3 - 3 1/2 storey shop, with moderate diversity in property types available.

Price per square foot shows a median of RM 368, though individual units vary from RM 260 to RM 475 in the core range. The broader market spans RM 313.75 to RM 421.25, indicating diverse property characteristics. A wider spread (IQR: RM 107.50) and deviation (MAD: RM 108) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN TG MINYAK SETIA (P.LOT.7199), Melaka Tengah, Melaka

OSM

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Transactions

2 properties grouped by size

1,550 sqft
1 units Double Storey Shop
RM 400,000
JALAN TMS 8A
1,539 sqft · RM 260.00 PSF
Jul 2021
2,300 sqft
1 units 3-Storey Storey Shop
RM 1,088,000
JLN TMS 1
2,293 sqft · RM 475.00 PSF
Aug 2022