Area Intelligence

TMN BKT MELAKA

10 properties
Double Storey Shop
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Median Price
RM 595,000
PSF: RM 374

Residential Market

Median Price

RM 365,000

IQR: RM 104
MAD: RM 58
RM 227 PSF 4.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 595,000

IQR: RM 122
MAD: RM 65
RM 374 PSF 2.1%

PSF Trends (2021-2025)

TMN BKT MELAKA in Melaka Tengah, Melaka recorded 10 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 595K and a median price per square foot (PSF) of RM 374.

This area contains both residential and commercial properties. View 25 residential properties or 10 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 595K, with most transactions falling within a stable range of RM 478K to RM 712K, and a typical market range of RM 522K to RM 668K.

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

Price per square foot shows a median of RM 374, though individual units vary from RM 298 to RM 450 in the core range. The broader market spans RM 289.50 to RM 458.50, indicating diverse property characteristics. The spread of RM 169.00 (IQR) and deviation of RM 76 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN BKT MELAKA, Melaka Tengah, Melaka

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Transactions

10 properties grouped by size

1,550 sqft
9 units (showing 6) Double Storey Shop
RM 500,000
BKT MELAKA 1/3
1,539 sqft · RM 325.00 PSF
Apr 2024
RM 700,000
BKT MELAKA 1/3
1,539 sqft · RM 455.00 PSF
Apr 2024
RM 700,000
BM 1/5
1,539 sqft · RM 455.00 PSF
Sep 2023
RM 520,000
JLN BUKIT MELAKA 1/5
1,539 sqft · RM 338.00 PSF
Jun 2023
RM 510,000
JALAN BUKIT MELAKA 1/1
1,539 sqft · RM 331.00 PSF
Dec 2022
RM 540,000
BM 1/7
1,539 sqft · RM 351.00 PSF
Nov 2022
1,650 sqft
1 units Double Storey Shop
RM 650,000
JLN DELIMA
1,636 sqft · RM 397.00 PSF
Jan 2022