Area Intelligence

TMN MEKAR

4 properties
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Median Price
RM 186,500
PSF: RM 159

Residential Market

Median Price

RM 186,500

IQR: RM 53
MAD: RM 31
RM 159 PSF 27.1%

PSF Trends (2021-2025)

TMN MEKAR in Alor Gajah, Melaka recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 187K and a median price per square foot (PSF) of RM 159.

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 187K, with most transactions falling within a stable range of RM 141K to RM 232K, and a typical market range of RM 157K to RM 217K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 159, with core pricing between RM 129 and RM 190. Market pricing typically extends from RM 132.63 to RM 185.38, reflecting moderate variation in unit pricing. The spread of RM 52.75 (IQR) and deviation of RM 31 (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 MEKAR, Alor Gajah, Melaka

OSM

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Transactions

4 properties grouped by size

900 sqft
1 units Double Storey Terraced
RM 268,000
JALAN CEMPAKA, TAMAN MEKAR
883 sqft · RM 304.00 PSF
Apr 2024
1,100 sqft
2 units Low-Cost House
RM 173,000
JALAN ANGGEREK
1,098 sqft · RM 158.00 PSF
May 2024
RM 109,000
JALAN CEMPAKA
1,098 sqft · RM 99.00 PSF
Jan 2022
1,250 sqft
1 units Double Storey Terraced
RM 200,000
JLN ROS 2
1,249 sqft · RM 160.00 PSF
Jul 2024