Area Intelligence

TMN TG MINYAK UTAMA

19 properties
2023
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Median Price
RM 253,000
PSF: RM 176

Residential Market

Median Price

RM 253,000

IQR: RM 58
MAD: RM 27
RM 176 PSF 6.0%

PSF Trends (2021-2025)

TMN TG MINYAK UTAMA in Melaka Tengah, Melaka recorded 19 subsale transactions in 2023, with a median price of RM 253K and a median price per square foot (PSF) of RM 176.

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 253K, with most transactions falling within a stable range of RM 210K to RM 389K, and a typical market range of RM 210K to RM 367K.

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

Price per square foot shows a median of RM 176, though individual units vary from RM 127 to RM 225 in the core range. The broader market spans RM 136.25 to RM 215.75, indicating diverse property characteristics. A wider spread (IQR: RM 79.50) and deviation (MAD: RM 49) 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 UTAMA, Melaka Tengah, Melaka

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Transactions

19 properties grouped by size

950 sqft
1 units Double Storey Terraced
RM 245,000
JLN TMU 4
958 sqft · RM 256.00 PSF
Jul 2023
1,150 sqft
5 units Single Storey Terraced
RM 250,000
OFF TAMAN RAMBAI UTAMA
1,141 sqft · RM 219.00 PSF
Oct 2023
RM 250,000
OFF TAMAN RAMBAI UTAMA
1,163 sqft · RM 215.00 PSF
Sep 2023
RM 250,000
OFF TAMAN RAMBAI UTAMA
1,141 sqft · RM 219.00 PSF
Aug 2023
RM 250,000
OFF TAMAN RAMBAI UTAMA
1,141 sqft · RM 219.00 PSF
Jul 2023
RM 253,000
OFF TAMAN RAMBAI UTAMA
1,141 sqft · RM 222.00 PSF
Jul 2023
1,200 sqft
3 units Single Storey Terraced
RM 210,000
JALAN TMU 3
1,195 sqft · RM 176.00 PSF
Mar 2023
RM 250,000
JALAN TMU 13
1,195 sqft · RM 209.00 PSF
Mar 2023
RM 270,000
JALAN TMU 14
1,195 sqft · RM 226.00 PSF
Jan 2023
1,300 sqft
1 units Single Storey Terraced
RM 250,000
JLN TMU 8
1,302 sqft · RM 192.00 PSF
Apr 2023
1,400 sqft
1 units Single Storey Terraced
RM 220,000
TMU 19
1,399 sqft · RM 157.00 PSF
Jun 2023
2,250 sqft
1 units Single Storey Terraced
RM 300,000
OFF TAMAN RAMBAI UTAMA
2,228 sqft · RM 135.00 PSF
Jul 2023
2,450 sqft
1 units Single Storey Terraced
RM 310,000
OFF TMN RAMBAI UTAMA
2,433 sqft · RM 127.00 PSF
Jun 2023
3,800 sqft
1 units Single Storey Semi-D
RM 497,000
JALAN TMU 19D
3,821 sqft · RM 130.00 PSF
Feb 2023
3,850 sqft
1 units Single Storey Semi-D
RM 498,000
JALAN TMU 19C
3,853 sqft · RM 129.00 PSF
Apr 2023
4,250 sqft
1 units Single Storey Semi-D
RM 508,000
JALAN TMU 19C
4,273 sqft · RM 119.00 PSF
Feb 2023
4,350 sqft
1 units Single Storey Semi-D
RM 510,000
JALAN TMU 19D
4,338 sqft · RM 118.00 PSF
Aug 2023
5,000 sqft
1 units Single Storey Semi-D
RM 523,000
JALAN TMU 19D
4,994 sqft · RM 105.00 PSF
Jul 2023
7,150 sqft
1 units Detached
RM 667,000
JLN TMU 19A
7,136 sqft · RM 93.00 PSF
Aug 2023