Area Intelligence

TMN TAMBAK PAYA HARMONI

3 properties
Single Storey Shop
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Median Price
RM 261,000
PSF: RM 172

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 261,000

IQR: RM 61
MAD: RM 4
RM 172 PSF 26.2%

PSF Trends (2021-2025)

TMN TAMBAK PAYA HARMONI in Melaka Tengah, Melaka recorded 3 Single Storey Shop properties subsale transactions between 2021 and 2025 for single storey shop properties, with a median price of RM 261K and a median price per square foot (PSF) of RM 172.

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 261K, with most transactions falling within a stable range of RM 259K to RM 263K, and a typical market range of RM 259K to RM 264K.

Within the Single Storey Shop category, 2 - 2 1/2 storey shop dominated the market, with moderate diversity in property types available.

For price per square foot, the median is RM 172, with most transactions between RM 171 and RM 173. The usual range is RM 51.50 to RM 292.50, showing that most units are priced quite close to each other. With an IQR of RM 241.00 and MAD of RM 1, 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.

Area Location

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TMN TAMBAK PAYA HARMONI, Melaka Tengah, Melaka

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Transactions

3 properties grouped by size

1,500 sqft
2 units Single Storey Shop
RM 261,000
JALAN TPH 17
1,518 sqft · RM 172.00 PSF
Oct 2024
RM 259,000
JALAN TPH 17
1,496 sqft · RM 173.00 PSF
Dec 2021
1,550 sqft
1 units Single Storey Shop
RM 264,000
JALAN TPH 17
1,550 sqft · RM 170.00 PSF
Jan 2022