TMN MEKAR
Residential Market
Median Price
RM 141,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Low-Cost House
15 properties
Median Price
RM 155,000
-20.0% CAGR
Median PSF
RM 167.50
-15.9% CAGR
Single Storey Terraced
7 properties
Median Price
RM 235,000
+7.4% CAGR
Median PSF
RM 146.00
+5.4% CAGR
Double Storey Terraced
6 properties
Median Price
RM 380,000
-22.2% CAGR
Median PSF
RM 309.00
-13.4% CAGR
Single Storey Semi-D
3 properties
Median Price
RM 586,250
-1.6% CAGR
Median PSF
RM 196.25
+3.8% CAGR
Detached
1 properties
Median Price
RM 1,800,000
Median PSF
RM 353.00
Low-Cost Flat
1 properties
Median Price
RM 80,000
Median PSF
RM 126.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Low-Cost House | 15 |
RM 155,000
±33K MAD
|
-19.96% |
RM 167.50
±17 MAD
|
-15.87% | |
| Single Storey Terraced | 7 |
RM 235,000
±36K MAD
|
+7.42% |
RM 146.00
±16 MAD
|
+5.39% | |
| Double Storey Terraced | 6 |
RM 380,000
±7K MAD
|
-22.19% |
RM 309.00
±77 MAD
|
-13.35% | |
| Single Storey Semi-D | 3 |
RM 586,250
±10K MAD
|
-1.65% |
RM 196.25
±7 MAD
|
+3.77% | |
| Detached | 1 |
RM 1,800,000
|
- |
RM 353.00
|
- | |
| Low-Cost Flat | 1 |
RM 80,000
|
- |
RM 126.00
|
- |
TMN MEKAR in Alor Gajah, Melaka recorded 2 Low-Cost House properties subsale transactions between 2021 and 2025 for low-cost house properties, with a median price of RM 141K and a median price per square foot (PSF) of RM 129.
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 141K, with most transactions falling within a stable range of RM 109K to RM 173K, and a typical market range of RM 111K to RM 171K.
Within the Low-Cost House 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 129, though individual units vary from RM 99 to RM 158 in the core range. The broader market spans RM 102.13 to RM 154.88, indicating diverse property characteristics. The spread of RM 52.75 (IQR) and deviation of RM 30 (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.
Filter by type, year, price, and size
Transactions
2 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
JALAN ANGGEREK
|
RM 173,000
|
RM 158.00
|
1,098 sqft
|
May 2024
|
|
|
JALAN CEMPAKA
|
RM 109,000
|
RM 99.00
|
1,098 sqft
|
Jan 2022
|