TMN MERBOK

TMN MERBOK in Melaka Tengah, Melaka recorded 10 subsale transactions between 2021 and 2025, with a median price of RM 438K and a median price per square foot (PSF) of RM 313.

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 438K, with most transactions falling within a stable range of RM 326K to RM 549K, and a typical market range of RM 327K to RM 548K.

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 313, though individual units vary from RM 235 to RM 390 in the core range. The broader market spans RM 262.00 to RM 363.00, indicating diverse property characteristics. The spread of RM 101.00 (IQR) and deviation of RM 78 (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.