Area Intelligence

TMN MURAI JAYA (MURAI EMAS)

1 properties
Double Storey Shop
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Median Price
RM 370,000
PSF: RM 240

Residential Market

Median Price

RM 245,500

IQR: RM 36
MAD: RM 16
RM 165 PSF 4.1%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 370,000

RM 240 PSF

PSF Trends (2021-2025)

TMN MURAI JAYA (MURAI EMAS) in Alor Gajah, Melaka recorded 1 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 370K and a median price per square foot (PSF) of RM 240.

This area contains both residential and commercial properties. View 20 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

Within the Double Storey Shop category, 1 - 1 1/2 storey terraced dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 240, with most transactions between RM 240 and RM 240. The usual range is RM 219.38 to RM 260.63, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 41.25 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN MURAI JAYA (MURAI EMAS), Alor Gajah, Melaka

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Transactions

1 properties grouped by size

1,550 sqft
1 units Double Storey Shop
RM 370,000
JALAN MURAI JAYA 3
1,539 sqft · RM 240.00 PSF
May 2023