TMN MELAKA BARU
Residential Market
Median Price
RM 270,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 500,000
PSF Trends (2021-2025)
TMN MELAKA BARU in Melaka Tengah, Melaka recorded 5 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 500K and a median price per square foot (PSF) of RM 284.
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 500K, with most transactions falling within a stable range of RM 441K to RM 550K, and a typical market range of RM 425K to RM 550K.
Within the Double Storey Shop category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.
The median PSF stands at RM 284, with core pricing between RM 250 and RM 318. Market pricing typically extends from RM 239.50 to RM 328.50, reflecting moderate variation in unit pricing. With an IQR of RM 89.00 and MAD of RM 34, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
5 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
JALAN MERAK 1
|
RM 500,000
|
RM 284.00
|
1,760 sqft
|
May 2024
|
|
JALAN MERAK
|
RM 500,000
|
RM 284.00
|
1,760 sqft
|
Apr 2023
|
|
TAMAN MELAKA BARU
|
RM 550,000
|
RM 313.00
|
1,760 sqft
|
Nov 2022
|
|
JLN MERBOK 1
|
RM 450,000
|
RM 256.00
|
1,760 sqft
|
Sep 2022
|
|
JALAN MERBOK 1
|
RM 375,000
|
RM 213.00
|
1,760 sqft
|
Feb 2022
|