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TMN MUTIARA MELAKA

Melaka Tengah, Melaka · Commercial · 6 recorded sales, Nov 2022 to Sep 2024

No sale recorded since Sep 20243 - 3 1/2 Storey Shop · 6
RM 270psf median, against main floor area · 6 priced sales
© CARTO · © OpenStreetMap

The record

Middle half (25th–75th)
RM 255 – 284 psf
Median price
RM 1,175,000
Price range
RM 900k – RM 1.50m
Main floor area
4,356 – 5,107 sq ft
Land area
1,539 – 1,851 sq ft
Median price per sq ft of land
RM 763

Median of 6 sales that carry a usable area, out of 6 on record. Half the sales fell inside the middle-half band; half did not.

Land is published separately from main floor area and is the larger of the two here — a median of 1,539 sq ft against 4,356. Two houses can share a floor area and differ by half their land, so the price per square foot of the building is not by itself a comparison between them.

Liquidity

No recorded sale in the 12 months to Sep 2024. Last on record: 12 Sep 2024.

Counted against the newest sale in the corpus, not against today: NAPIC runs about three months in arrears, so a window ending today would quietly be a nine-month window and read low.

20222 · RM 276 psf
20232 · RM 230 psf
20242 · RM 285 psf

Quarterly medians · not a price trend

1962503042022 Q4 — RM 276 psf, 2 sales2023 Q1 — RM 253 psf, 1 sale2023 Q2 — RM 207 psf, 1 sale2024 Q2 — RM 294 psf, 1 sale2024 Q3 — RM 276 psf, 1 sale
2022 Q42024 Q3
5+ sales in the quarterfewer — plotted, never joinedNo run of 3 quarters is dense enough to draw a line through.

Each point is the median psf of what sold that quarter, so it moves with the mix as much as with price — a quarter in which the larger units happened to change hands reads low per square foot without anything having got cheaper. A line is drawn only along a run of three or more consecutive quarters that each carry five or more sales — two points are a difference, not a direction.

There is no mix-adjusted series for commercial in Melaka long or clean enough to state a direction, so this page states none.

Distribution · 6 priced sales

RM 211–217 psf — 1 saleRM 217–223 psf — 0 salesRM 223–229 psf — 0 salesRM 229–235 psf — 0 salesRM 235–240 psf — 0 salesRM 240–246 psf — 0 salesRM 246–252 psf — 0 salesRM 252–258 psf — 1 saleRM 258–264 psf — 0 salesRM 264–270 psf — 1 saleRM 270–276 psf — 1 saleRM 276–281 psf — 0 salesRM 281–287 psf — 1 saleRM 287–293 psf — 1 sale
RM 211RM 293 psf

Each bar counts sales in a RM 6 psf band, measured against main floor area. The axis is trimmed to the 2nd–98th percentile, so a handful of sales fall outside it; they are still counted in every figure above.

Most recent sales · 6 of 6

DateTypeArea (sq ft)PricepsfTenure
12 Sep 20243 - 3 1/2 Storey Shop4,356RM 1,200,000276Leasehold
14 May 20243 - 3 1/2 Storey Shop5,107RM 1,500,000294Leasehold
23 Jun 20233 - 3 1/2 Storey Shop4,356RM 900,000207Leasehold
12 Jan 20233 - 3 1/2 Storey Shop4,356RM 1,100,000253Leasehold
25 Nov 20223 - 3 1/2 Storey Shop4,356RM 1,250,000287Leasehold
25 Nov 20223 - 3 1/2 Storey Shop4,356RM 1,150,000264Leasehold

Others in Melaka Tengah · commercial

TMN MELAKA RAYA
RM 206 psf · 40 sales · 0.3 km
TAMAN PAYA BARU
RM 306 psf · 18 sales · 1.9 km
TMN PADANG BALANG
RM 269 psf · 11 sales · 2.2 km
TMN INDUSTRI MALIM JAYA
RM 123 psf · 11 sales · 2.9 km
TMN INDUSTRI MERDEKA
RM 168 psf · 9 sales · 3 km
TMN AYER KEROH HEIGHT
RM 283 psf · 5 sales · 3.6 km
TMN CHENG INDAH
RM 181 psf · 9 sales · 3.7 km
JLN LAKSAMANA CHENG HO
RM 334 psf · 6 sales · 4.8 km

Where these numbers come from

Every figure on this page is computed from registered transactions published by the National Property Information Centre (NAPIC), Valuation and Property Services Department (JPPH), Ministry of Finance Malaysia, as open data. These are completed sales, not asking prices, and not properties currently on the market.
Areas are as published: main floor area. Nothing here is a valuation.