TAMAN MELAKA BARU

Area Intelligence
9 subsale transactions
Double Storey Terraced
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Median Price
RM 270,000
PSF: RM 222

Residential PSF Trends

Median Price

RM 270,000

PSF: RM 222

Commercial PSF Trends

Median Price

RM 500,000

RM 284 PSF

TAMAN MELAKA BARU in Melaka Tengah, Melaka recorded 9 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 270K and a median price per square foot (PSF) of RM 222.

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 270K, with most transactions falling within a stable range of RM 226K to RM 314K, and a typical market range of RM 200K to RM 345K.

Within the Double Storey Terraced category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 222, though individual units vary from RM 168 to RM 276 in the core range. The broader market spans RM 177.50 to RM 266.50, indicating diverse property characteristics. The spread of RM 89.00 (IQR) and deviation of RM 54 (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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MELAKA BARU, Melaka Tengah, Melaka

OSM

Transactions

9 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
950 sqft
Double Storey Terraced
RM 280,000
LORONG 1
958 sqft · RM 292.00 PSF
Jan 2024
RM 300,000
JALAN MELAKA BARU
958 sqft · RM 313.00 PSF
Sep 2023
1,100 sqft
Double Storey Terraced
RM 200,000
JALAN MELAKA BARU 3/4
1,119 sqft · RM 179.00 PSF
Jun 2023
RM 200,000
JALAN MELAKA BARU 3/2
1,119 sqft · RM 179.00 PSF
Oct 2022
1,150 sqft
Double Storey Terraced
RM 350,000
JALAN MELAKA BARU 2/3
1,173 sqft · RM 298.00 PSF
Nov 2023
RM 260,000
JALAN MELAKA BARU 2/3
1,173 sqft · RM 222.00 PSF
Jan 2022
1,250 sqft
Double Storey Terraced
RM 280,000
JALAN MB 1
1,259 sqft · RM 222.00 PSF
Mar 2023
1,450 sqft
Double Storey Terraced
RM 250,000
JALAN MB 3/2
1,442 sqft · RM 173.00 PSF
Apr 2023
RM 270,000
JALAN MELAKA BARU 3/2
1,442 sqft · RM 187.00 PSF
Jul 2022