Area Intelligence

TMN MEKAR

2 properties
Double Storey Terraced
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Median Price
RM 234,000
PSF: RM 232

Residential Market

Median Price

RM 234,000

IQR: RM 53
MAD: RM 31
RM 232 PSF 27.1%

PSF Trends (2021-2025)

TMN MEKAR in Alor Gajah, Melaka recorded 2 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 234K and a median price per square foot (PSF) of RM 232.

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 234K, with most transactions falling within a stable range of RM 200K to RM 268K, and a typical market range of RM 204K to RM 264K.

Within the Double Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, with moderate diversity in property types available.

Price per square foot shows a median of RM 232, though individual units vary from RM 160 to RM 304 in the core range. The broader market spans RM 205.63 to RM 258.38, indicating diverse property characteristics. A wider spread (IQR: RM 52.75) and deviation (MAD: RM 72) 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.

Area Location

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TMN MEKAR, Alor Gajah, Melaka

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Transactions

2 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
1,250 sqft
1 units Double Storey Terraced
RM 200,000
JLN ROS 2
1,249 sqft · RM 160.00 PSF
Jul 2024