TMN MURAI JAYA (MURAI EMAS)

TMN MURAI JAYA (MURAI EMAS) in Alor Gajah, Melaka recorded 8 subsale transactions in 2023, with a median price of RM 263K and a median price per square foot (PSF) of RM 186.

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. The median price is RM 263K, with most transactions falling within a stable range of RM 230K to RM 308K, and a typical market range of RM 238K to RM 287K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 186, with core pricing between RM 151 and RM 221. Market pricing typically extends from RM 165.38 to RM 206.63, reflecting moderate variation in unit pricing. The spread of RM 41.25 (IQR) and deviation of RM 35 (MAD) suggest moderate price variations reflecting different property features.

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.