| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Tmj 7
|
RM 230,000
|
RM 91
|
2,530 sqft
|
|
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Market Snapshot
ResidentialRM 230,000
RM 91 psfMedian transaction price
Persiaran Tanah Merah Jaya, Tanjung Kling, Melaka, Malaysia
MapsTanah Merah Jaya in Melaka Tengah, Melaka recorded 1 subsale transactions in 2024, with a median price of RM 230K and a median price per square foot (PSF) of RM 91.
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 91, with most transactions between RM 91 and RM 91. The usual range is RM 63.06 to RM 118.81, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.