Area Intelligence

TMN TAMBAK PAYA HARMONI

2 properties
2023
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Median Price
RM 409,000
PSF: RM 280

Residential Market

Median Price

RM 230,000

IQR: RM 6
MAD: RM 6
RM 177 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 2 subsale transactions in 2023, with a median price of RM 409K and a median price per square foot (PSF) of RM 280.

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 409K, with most transactions falling within a stable range of RM 230K to RM 588K, and a typical market range of RM 232K to RM 587K.

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 280, though individual units vary from RM 177 to RM 382 in the core range. The broader market spans RM 159.00 to RM 400.00, indicating diverse property characteristics. A wider spread (IQR: RM 241.00) and deviation (MAD: RM 103) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. 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

2 properties grouped by size

1,300 sqft
1 units Single Storey Terraced
RM 230,000
JALAN TPH 7
1,302 sqft · RM 177.00 PSF
May 2023
1,550 sqft
1 units Double Storey Shop
RM 588,000
JALAN TPH 1
1,539 sqft · RM 382.00 PSF
Jan 2023