TANAH MERAH JAYA

TANAH MERAH JAYA in Melaka Tengah, Melaka recorded 12 subsale transactions between 2021 and 2025, with a median price of RM 165K and a median price per square foot (PSF) of RM 130.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 165K, with most transactions falling within a stable range of RM 130K to RM 200K, and a typical market range of RM 137K to RM 192K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 130, though individual units vary from RM 100 to RM 161 in the core range. The broader market spans RM 102.13 to RM 157.88, indicating diverse property characteristics. The spread of RM 55.75 (IQR) and deviation of RM 31 (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.