Area Intelligence

TMN DESA BARU

7 properties
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Median Price
RM 300,000
PSF: RM 184

Residential Market

Median Price

RM 300,000

IQR: RM 110
MAD: RM 54
RM 184 PSF 14.0%

PSF Trends (2021-2025)

TMN DESA BARU in Melaka Tengah, Melaka recorded 7 subsale transactions between 2021 and 2025, with a median price of RM 300K and a median price per square foot (PSF) of RM 184.

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 300K, with most transactions falling within a stable range of RM 190K to RM 410K, and a typical market range of RM 206K to RM 394K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 184, though individual units vary from RM 130 to RM 238 in the core range. The broader market spans RM 129.25 to RM 238.75, indicating diverse property characteristics. A wider spread (IQR: RM 109.50) and deviation (MAD: RM 54) 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 DESA BARU, Melaka Tengah, Melaka

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Transactions

7 properties found

Single Storey Terraced JLN DESA BARU 13
RM 155,000
1,195 sqft Dec 2024
RM 130.00 PSF
Double Storey Terraced JLN DESA BAKTI 2
RM 410,000
1,539 sqft Oct 2024
RM 266.00 PSF
Single Storey Terraced JLN DESA BARU 13
RM 265,000
1,593 sqft Jul 2024
RM 166.00 PSF
Double Storey Terraced JLN DESA BAKTI 2
RM 450,000
1,539 sqft Feb 2024
RM 292.00 PSF
Low-Cost House JLN DB 9
RM 220,000
1,195 sqft Nov 2023
RM 184.00 PSF
Single Storey Terraced JALAN DESA BARU 13
RM 300,000
1,733 sqft Jul 2023
RM 173.00 PSF
Double Storey Terraced JLN DESA BAKTI 12
RM 450,000
1,539 sqft Apr 2022
RM 292.00 PSF