Area Intelligence

TMN SERI TELOK MAS

6 properties
2024
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Median Price
RM 257,500
PSF: RM 199

Residential Market

Median Price

RM 255,000

IQR: RM 52
MAD: RM 16
RM 193 PSF 3.7%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 770,000

IQR: RM 173
MAD: RM 91
RM 254 PSF 12.1%

PSF Trends (2021-2025)

TMN SERI TELOK MAS in Melaka Tengah, Melaka recorded 6 subsale transactions in 2024, with a median price of RM 258K and a median price per square foot (PSF) of RM 199.

This area contains both residential and commercial properties. View 31 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 258K, with most transactions falling within a stable range of RM 230K to RM 450K, and a typical market range of RM 230K to RM 286K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 199, though individual units vary from RM 153 to RM 245 in the core range. The broader market spans RM 176.25 to RM 221.75, indicating diverse property characteristics. The spread of RM 45.50 (IQR) and deviation of RM 46 (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. 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 SERI TELOK MAS, Melaka Tengah, Melaka

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Transactions

6 properties found

Single Storey Terraced JLN SE 3
RM 260,000
1,195 sqft Aug 2024
RM 218.00 PSF
Single Storey Terraced JALAN SE 11
RM 290,000
2,293 sqft Jun 2024
RM 126.00 PSF
Single Storey Terraced JLN SE 12
RM 230,000
1,195 sqft Mar 2024
RM 193.00 PSF
Double Storey Shop JALAN SERI EMAS 5
RM 770,000
3,035 sqft Mar 2024
RM 254.00 PSF
Single Storey Terraced JLN SE 12
RM 245,000
1,195 sqft Feb 2024
RM 205.00 PSF
Single Storey Terraced JALAN SERI EMAS 18
RM 255,000
1,959 sqft Jan 2024
RM 130.00 PSF