Area Intelligence

TMN TG MINYAK UTAMA

9 properties
2024
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Median Price
RM 250,000
PSF: RM 201

Residential Market

Median Price

RM 250,000

IQR: RM 58
MAD: RM 27
RM 201 PSF 6.0%

PSF Trends (2021-2025)

TMN TG MINYAK UTAMA in Melaka Tengah, Melaka recorded 9 subsale transactions in 2024, with a median price of RM 250K and a median price per square foot (PSF) of RM 201.

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 250K, with most transactions falling within a stable range of RM 223K to RM 277K, and a typical market range of RM 220K to RM 310K.

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 201, though individual units vary from RM 160 to RM 242 in the core range. The broader market spans RM 161.25 to RM 240.75, indicating diverse property characteristics. The spread of RM 79.50 (IQR) and deviation of RM 41 (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 UTAMA, Melaka Tengah, Melaka

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Transactions

9 properties grouped by size

950 sqft
2 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
1,200 sqft
3 units
RM 270,000
Single Storey Terraced JLN TMU 3
1,195 sqft · RM 226.00 PSF
Aug 2024
RM 240,000
Double Storey Terraced JALAN TMU 5
1,195 sqft · RM 201.00 PSF
May 2024
RM 240,000
Single Storey Terraced JLN TMU 7
1,195 sqft · RM 201.00 PSF
Apr 2024
1,300 sqft
2 units Single Storey Terraced
RM 220,000
JLN TMU 6
1,302 sqft · RM 169.00 PSF
Jun 2024
RM 270,000
JALAN TMU 16
1,302 sqft · RM 207.00 PSF
Apr 2024
1,550 sqft
1 units Single Storey Terraced
RM 250,000
JALAN TMU 13
1,572 sqft · RM 159.00 PSF
Jul 2024
1,600 sqft
1 units Single Storey Terraced
RM 310,000
JALAN TMU 13
1,604 sqft · RM 193.00 PSF
Sep 2024