Area Intelligence

TMN TG MINYAK UTAMA

11 properties
Double Storey Terraced
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Median Price
RM 275,000
PSF: RM 243

Residential Market

Median Price

RM 275,000

IQR: RM 58
MAD: RM 27
RM 243 PSF 6.0%

PSF Trends (2021-2025)

TMN TG MINYAK UTAMA in Melaka Tengah, Melaka recorded 11 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 275K and a median price per square foot (PSF) of RM 243.

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 275K, with most transactions falling within a stable range of RM 230K to RM 324K, and a typical market range of RM 230K to RM 380K.

Within the Double Storey Terraced category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 243, though individual units vary from RM 177 to RM 309 in the core range. The broader market spans RM 203.25 to RM 282.75, indicating diverse property characteristics. A wider spread (IQR: RM 79.50) and deviation (MAD: RM 66) 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. 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 UTAMA, Melaka Tengah, Melaka

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Transactions

11 properties grouped by size

950 sqft
4 units Double Storey Terraced
RM 240,000
JLN TMU 4
958 sqft · RM 251.00 PSF
Oct 2024
RM 290,000
JLN TMU 4
958 sqft · RM 303.00 PSF
Jul 2024
RM 245,000
JLN TMU 4
958 sqft · RM 256.00 PSF
Jul 2023
RM 275,000
JLN TMU 4
958 sqft · RM 287.00 PSF
Aug 2022
1,200 sqft
4 units Double Storey Terraced
RM 240,000
JALAN TMU 5
1,195 sqft · RM 201.00 PSF
May 2024
RM 290,000
JLN TMU 11
1,195 sqft · RM 243.00 PSF
Oct 2022
RM 380,000
JALAN TMU 7
1,195 sqft · RM 318.00 PSF
Apr 2022
RM 260,000
JLN TMU 7
1,206 sqft · RM 216.00 PSF
Dec 2021
1,600 sqft
1 units Double Storey Terraced
RM 300,000
JALAN TMU 9
1,593 sqft · RM 188.00 PSF
Aug 2022
2,200 sqft
1 units Double Storey Terraced
RM 370,000
JLN TMU 11
2,207 sqft · RM 168.00 PSF
Sep 2022
2,950 sqft
1 units Double Storey Terraced
RM 230,000
TMU 10
2,960 sqft · RM 78.00 PSF
Jul 2022