Area Intelligence

TMN PKNM

2 properties
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Median Price
RM 375,000
PSF: RM 75

Residential Market

Median Price

RM 375,000

IQR: RM 35
MAD: RM 35
RM 75 PSF 175.0%

PSF Trends (2021-2025)

TMN PKNM in Alor Gajah, Melaka recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 375K and a median price per square foot (PSF) of RM 75.

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 375K, with most transactions falling within a stable range of RM 200K to RM 550K, and a typical market range of RM 288K to RM 463K.

Most transactions involved detached, with minimal variety in property types.

Price per square foot shows a median of RM 75, though individual units vary from RM 40 to RM 110 in the core range. The broader market spans RM 57.50 to RM 92.50, indicating diverse property characteristics. A wider spread (IQR: RM 35.00) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN PKNM, Alor Gajah, Melaka

OSM

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Transactions

2 properties grouped by size

5,000 sqft
2 units Detached
RM 550,000
JALAN AV 6B
5,005 sqft · RM 110.00 PSF
May 2024
RM 200,000
LEBOH SAS
5,005 sqft · RM 40.00 PSF
Jul 2023