Area Intelligence

TMN TAMBAK PAYA HARMONI

4 properties
2024
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Median Price
RM 600,000
PSF: RM 348

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 600,000

IQR: RM 61
MAD: RM 4
RM 348 PSF 26.2%

PSF Trends (2021-2025)

TMN TAMBAK PAYA HARMONI in Melaka Tengah, Melaka recorded 4 subsale transactions in 2024, with a median price of RM 600K and a median price per square foot (PSF) of RM 348.

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 600K, with most transactions falling within a stable range of RM 449K to RM 629K, and a typical market range of RM 423K to RM 629K.

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 348, though individual units vary from RM 259 to RM 437 in the core range. The broader market spans RM 227.50 to RM 468.50, indicating diverse property characteristics. A wider spread (IQR: RM 241.00) and deviation (MAD: RM 89) 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. 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

4 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
2 units 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
2,050 sqft
1 units Double Storey Shop
RM 629,000
JALAN TPH 1
2,056 sqft · RM 306.00 PSF
Feb 2024