TMN MERAK MAS

TMN MERAK MAS in Alor Gajah, Melaka recorded 4 subsale transactions in 2024, with a median price of RM 315K and a median price per square foot (PSF) of RM 112.

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 315K, with most transactions falling within a stable range of RM 280K to RM 355K, and a typical market range of RM 280K to RM 367K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.

Price per square foot shows a median of RM 112, though individual units vary from RM 77 to RM 147 in the core range. The broader market spans RM 94.88 to RM 129.13, indicating diverse property characteristics. A wider spread (IQR: RM 34.25) and deviation (MAD: RM 35) indicate significant PSF variations, likely due to diverse property types or conditions.

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.