TANAH MERAH JAYA

TANAH MERAH JAYA in Melaka Tengah, Melaka recorded 12 subsale transactions between 2021 and 2025, priced up to RM 500K, with a median price of RM 165K and a median price per square foot (PSF) of RM 139.

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 109K to RM 220K, 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 139, though individual units vary from RM 76 to RM 202 in the core range. The broader market spans RM 111.48 to RM 167.23, indicating diverse property characteristics. A wider spread (IQR: RM 55.75) and deviation (MAD: RM 63) 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.