TAMAN MELAKA BARU

Area Intelligence
29 subsale transactions
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Median Price
RM 300,000
PSF: RM 194

Residential PSF Trends

Median Price

RM 300,000

PSF: RM 194

Commercial PSF Trends

Median Price

RM 500,000

RM 284 PSF

TAMAN MELAKA BARU in Melaka Tengah, Melaka recorded 29 subsale transactions between 2021 and 2025, with a median price of RM 300K and a median price per square foot (PSF) of RM 194.

This area contains both residential and commercial properties. View 57 residential properties or 6 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 300K, with most transactions falling within a stable range of RM 244K to RM 356K, and a typical market range of RM 225K to RM 375K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 194, with core pricing between RM 158 and RM 230. Market pricing typically extends from RM 149.50 to RM 238.50, reflecting moderate variation in unit pricing. The spread of RM 89.00 (IQR) and deviation of RM 36 (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. Moderate transaction volume may require patience when buying or selling.

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TAMAN MELAKA BARU, Melaka Tengah, Melaka

OSM

Transactions

29 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
1,550 sqft
RM 300,000
Single Storey Terraced JALAN MERBOK
1,540 sqft · RM 195.00 PSF
Aug 2024
RM 265,000
Single Storey Terraced JALAN MERPATI 7
1,539 sqft · RM 172.00 PSF
Jul 2024
RM 280,000
Single Storey Terraced JALAN MERAK
1,539 sqft · RM 182.00 PSF
Jul 2024
RM 353,000
Single Storey Terraced JALAN MERAK
1,540 sqft · RM 229.00 PSF
May 2024
RM 300,000
Single Storey Terraced JALAN MERPATI 3
1,528 sqft · RM 196.00 PSF
May 2024
RM 320,000
Low-Cost House TAMAN MELAKA BARU
1,540 sqft · RM 208.00 PSF
Apr 2024