TMN MEKAR

TMN MEKAR in Alor Gajah, Melaka recorded 3 subsale transactions in 2024, with a median price of RM 200K and a median price per square foot (PSF) of RM 160.

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 200K, with most transactions falling within a stable range of RM 173K to RM 240K, and a typical market range of RM 173K to RM 230K.

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

Price per square foot shows a median of RM 160, though individual units vary from RM 92 to RM 228 in the core range. The broader market spans RM 133.63 to RM 186.38, indicating diverse property characteristics. A wider spread (IQR: RM 52.75) and deviation (MAD: RM 68) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.