Area Intelligence

TMN TAMBAK PAYA HARMONI

11 properties
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Median Price
RM 588,000
PSF: RM 382

Residential Market

Median Price

RM 187,000

IQR: RM 6
MAD: RM 6
RM 138 PSF 28.3%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 588,000

IQR: RM 61
MAD: RM 4
RM 382 PSF 26.2%

PSF Trends (2021-2025)

TMN TAMBAK PAYA HARMONI in Melaka Tengah, Melaka recorded 11 subsale transactions between 2021 and 2025, with a median price of RM 588K and a median price per square foot (PSF) of RM 382.

This area contains both residential and commercial properties. View 9 residential properties or 14 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 588K, with most transactions falling within a stable range of RM 461K to RM 600K, and a typical market range of RM 411K to RM 600K.

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

Price per square foot shows a median of RM 382, though individual units vary from RM 300 to RM 464 in the core range. The broader market spans RM 261.50 to RM 502.50, indicating diverse property characteristics. The spread of RM 241.00 (IQR) and deviation of RM 82 (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.

Area Location

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TMN TAMBAK PAYA HARMONI, Melaka Tengah, Melaka

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Transactions

11 properties grouped by size

1,500 sqft
1 units Single Storey Shop
RM 261,000
JALAN TPH 17
1,518 sqft · RM 172.00 PSF
Oct 2024
1,550 sqft
10 units (showing 6)
RM 600,000
Double Storey Shop JALAN TPH 17
1,539 sqft · RM 390.00 PSF
Aug 2024
RM 600,000
Double Storey Shop JALAN TPH 17
1,539 sqft · RM 390.00 PSF
Jun 2024
RM 588,000
Double Storey Shop JALAN TPH 1
1,539 sqft · RM 382.00 PSF
Jan 2023
RM 588,000
Double Storey Shop JALAN TPH 1
1,539 sqft · RM 382.00 PSF
Oct 2022
RM 588,000
Double Storey Shop JALAN TPH 1
1,539 sqft · RM 382.00 PSF
Jul 2022
RM 588,000
Double Storey Shop JALAN TPH 1
1,539 sqft · RM 382.00 PSF
May 2022