TMN MERBOK

TMN MERBOK in Melaka Tengah, Melaka recorded 4 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, with a median price of RM 122K and a median price per square foot (PSF) of RM 177.

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 122K, with most transactions falling within a stable range of RM 105K to RM 138K, and a typical market range of RM 100K to RM 140K.

Within the Low-Cost Flat category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 177, with core pricing between RM 153 and RM 200. Market pricing typically extends from RM 126.00 to RM 227.00, reflecting moderate variation in unit pricing. With an IQR of RM 101.00 and MAD of RM 24, the PSF demonstrates reasonable consistency across the market.

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.