| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong 3
|
RM 320,000
|
RM 330
|
969 sqft
|
|
|
|
Lorong 1
|
RM 200,000
|
RM 206
|
969 sqft
|
|
|
Kampung Tanah Merah Jaya
|
RM 100,000
|
RM 93
|
1,076 sqft
|
|
|
|
Jalan Tmj 9
|
RM 180,000
|
RM 167
|
1,076 sqft
|
|
|
Jalan Tmj 7
|
RM 230,000
|
RM 91
|
2,530 sqft
|
|
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Market Snapshot
ResidentialRM 200,000
RM 167 psfMedian transaction price
Persiaran Tanah Merah Jaya, Tanjung Kling, Melaka, Malaysia
MapsTanah Merah Jaya in Melaka Tengah, Melaka recorded 5 subsale transactions between 2021 and 2026, with a median price of RM 200K and a median price per square foot (PSF) of RM 167.
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 200K, with most transactions falling within a stable range of RM 129K to RM 271K, and a typical market range of RM 173K to RM 228K.
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 167, though individual units vary from RM 79 to RM 255 in the core range. The broader market spans RM 139.36 to RM 195.11, indicating diverse property characteristics. A wider spread (IQR: RM 55.75) and deviation (MAD: RM 88) 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.