TMN KENARI JAYA (HARVEST JAYA)

TMN KENARI JAYA (HARVEST JAYA) in Alor Gajah, Melaka recorded 4 subsale transactions in 2022, with a median price of RM 100K and a median price per square foot (PSF) of RM 124.

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 100K, with most transactions falling within a stable range of RM 65K to RM 227K, and a typical market range of RM 65K to RM 180K.

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

The median PSF stands at RM 124, with core pricing between RM 100 and RM 147. Market pricing typically extends from RM 98.50 to RM 148.50, reflecting moderate variation in unit pricing. The spread of RM 50.00 (IQR) and deviation of RM 23 (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.