Area Intelligence

TMN CEMPAKA

7 properties
2023
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Median Price
RM 482,000
PSF: RM 131

Residential Market

Median Price

RM 482,000

IQR: RM 75
MAD: RM 37
RM 131 PSF 23.5%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN CEMPAKA in Alor Gajah, Melaka recorded 7 subsale transactions in 2023, with a median price of RM 482K and a median price per square foot (PSF) of RM 131.

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 482K, with most transactions falling within a stable range of RM 389K to RM 506K, and a typical market range of RM 355K to RM 506K.

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

The median PSF stands at RM 131, with core pricing between RM 105 and RM 157. Market pricing typically extends from RM 112.00 to RM 150.00, reflecting moderate variation in unit pricing. The spread of RM 38.00 (IQR) and deviation of RM 26 (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. Some price volatility exists, making thorough market research essential before transacting. 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

7 properties grouped by size

2,000 sqft
1 units Single Storey Terraced
RM 350,000
TMN CEMPAKA INDAH
2,024 sqft · RM 173.00 PSF
Apr 2023
2,300 sqft
1 units Single Storey Terraced
RM 396,000
TMN CEMPAKA INDAH
2,293 sqft · RM 173.00 PSF
Apr 2023
2,500 sqft
1 units Single Storey Terraced
RM 245,000
JLN PERDANA 3
2,508 sqft · RM 98.00 PSF
Nov 2023
3,850 sqft
3 units Single Storey Semi-D
RM 505,000
TMN CEMPAKA INDAH
3,864 sqft · RM 131.00 PSF
Nov 2023
RM 500,000
TMN CEMPAKA INDAH
3,864 sqft · RM 129.00 PSF
Sep 2023
RM 506,000
TMN CEMPAKA INDAH
3,843 sqft · RM 132.00 PSF
Jul 2023
4,150 sqft
1 units Single Storey Terraced
RM 482,000
TMN CEMPAKA INDAH
4,155 sqft · RM 116.00 PSF
Jul 2023