Area Intelligence

TMN CEMPAKA

5 properties
2024
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Median Price
RM 220,000
PSF: RM 136

Residential Market

Median Price

RM 220,000

IQR: RM 75
MAD: RM 37
RM 136 PSF 23.5%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN CEMPAKA in Alor Gajah, Melaka recorded 5 subsale transactions in 2024, with a median price of RM 220K and a median price per square foot (PSF) of RM 136.

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 220K, with most transactions falling within a stable range of RM 130K to RM 350K, and a typical market range of RM 130K to RM 348K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 136, though individual units vary from RM 104 to RM 168 in the core range. The broader market spans RM 117.00 to RM 155.00, indicating diverse property characteristics. The spread of RM 38.00 (IQR) and deviation of RM 32 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN CEMPAKA, Alor Gajah, Melaka

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Transactions

5 properties found

Single Storey Terraced JLN SRI CEMPAKA 1/2
RM 300,000
1,539 sqft Jul 2024
RM 195.00 PSF
Single Storey Semi-D JLN CEMPAKA INDAH 1
RM 500,000
3,875 sqft Jun 2024
RM 129.00 PSF
Single Storey Terraced JLN PERDANA 4
RM 180,000
1,324 sqft May 2024
RM 136.00 PSF
Single Storey Terraced JLN PERDANA 9
RM 220,000
1,432 sqft Apr 2024
RM 154.00 PSF
Single Storey Terraced JALAN PERDANA 1
RM 130,000
1,324 sqft Feb 2024
RM 98.00 PSF