Area Intelligence

TMN TAMBAK PAYA HARMONI

11 properties
Double Storey Shop
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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 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, 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 588K to RM 601K, and a typical market range of RM 588K to RM 629K.

Within the Double 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 382, with most transactions between RM 359 and RM 405. The usual range is RM 261.50 to RM 502.50, showing that most units are priced quite close to each other. With an IQR of RM 241.00 and MAD of RM 23, 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. 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

1,550 sqft
9 units (showing 6) Double Storey Shop
RM 600,000
JALAN TPH 17
1,539 sqft · RM 390.00 PSF
Aug 2024
RM 600,000
JALAN TPH 17
1,539 sqft · RM 390.00 PSF
Jun 2024
RM 588,000
JALAN TPH 1
1,539 sqft · RM 382.00 PSF
Jan 2023
RM 588,000
JALAN TPH 1
1,539 sqft · RM 382.00 PSF
Oct 2022
RM 588,000
JALAN TPH 1
1,539 sqft · RM 382.00 PSF
Jul 2022
RM 588,000
JALAN TPH 1
1,539 sqft · RM 382.00 PSF
May 2022
1,700 sqft
1 units Double Storey Shop
RM 613,000
JALAN TPH 17
1,679 sqft · RM 365.00 PSF
Aug 2022
2,050 sqft
1 units Double Storey Shop
RM 629,000
JALAN TPH 1
2,056 sqft · RM 306.00 PSF
Feb 2024