| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong 3
|
RM 160,000
|
RM 165
|
969 sqft
|
|
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Market Snapshot
ResidentialRM 160,000
RM 165 psfMedian transaction price
Persiaran Tanah Merah Jaya, Tanjung Kling, Melaka, Malaysia
MapsTanah Merah Jaya in Melaka Tengah, Melaka recorded 1 subsale transactions in 2021, with a median price of RM 160K and a median price per square foot (PSF) of RM 165.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
For price per square foot, the median is RM 165, with most transactions between RM 165 and RM 165. The usual range is RM 137.29 to RM 193.04, showing that most units are priced quite close to each other. With an IQR of RM 55.75 and MAD of RM 0, 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.