TMN MERBOK

TMN MERBOK in Melaka Tengah, Melaka recorded 40 subsale transactions between 2021 and 2025, with a median price of RM 435K and a median price per square foot (PSF) of RM 259.

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 435K, with most transactions falling within a stable range of RM 320K to RM 550K, and a typical market range of RM 324K to RM 546K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 259, though individual units vary from RM 206 to RM 313 in the core range. The broader market spans RM 208.50 to RM 309.50, indicating diverse property characteristics. The spread of RM 101.00 (IQR) and deviation of RM 54 (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. Moderate transaction volume may require patience when buying or selling.