Area Intelligence

TMN RAJAWALI

2 properties
2022
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Median Price
RM 224,000
PSF: RM 126

Residential Market

Median Price

RM 224,000

IQR: RM 32
MAD: RM 15
RM 126 PSF 4.6%

PSF Trends (2021-2025)

TMN RAJAWALI in Alor Gajah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 224K and a median price per square foot (PSF) of RM 126.

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 224K, with most transactions falling within a stable range of RM 168K to RM 280K, and a typical market range of RM 187K to RM 262K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 126, with core pricing between RM 111 and RM 141. Market pricing typically extends from RM 110.13 to RM 141.88, reflecting moderate variation in unit pricing. With an IQR of RM 31.75 and MAD of RM 15, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN RAJAWALI, Alor Gajah, Melaka

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Transactions

2 properties grouped by size

1,200 sqft
1 units Single Storey Terraced
RM 168,000
JLN RAJAWALI 3
1,195 sqft · RM 141.00 PSF
May 2022
2,500 sqft
1 units Single Storey Terraced
RM 280,000
JALAN RAJAWALI 1
2,519 sqft · RM 111.00 PSF
Jan 2022