TMN RAJAWALI
Residential Market
Median Price
RM 220,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Low-Cost House
8 properties
Median Price
RM 148,500
-2.9% CAGR
Median PSF
RM 179.00
-2.7% CAGR
Single Storey Terraced
6 properties
Median Price
RM 215,000
+7.3% CAGR
Median PSF
RM 128.50
+4.6% CAGR
Double Storey Terraced
2 properties
Median Price
RM 439,000
+195.9% CAGR
Median PSF
RM 313.50
+111.0% CAGR
Cluster House
1 properties
Median Price
RM 172,000
Median PSF
RM 156.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Low-Cost House | 8 |
RM 148,500
±9K MAD
|
-2.90% |
RM 179.00
±10 MAD
|
-2.68% | |
Single Storey Terraced | 6 |
RM 215,000
±7K MAD
|
+7.30% |
RM 128.50
±5 MAD
|
+4.62% | |
Double Storey Terraced | 2 |
RM 439,000
±349K MAD
|
+195.90% |
RM 313.50
±199 MAD
|
+111.00% | |
Cluster House | 1 |
RM 172,000
|
- |
RM 156.00
|
- |
TMN RAJAWALI in Alor Gajah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 220K and a median price per square foot (PSF) of RM 122.
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 220K, with most transactions falling within a stable range of RM 180K to RM 260K, and a typical market range of RM 183K to RM 258K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
Price per square foot shows a median of RM 122, though individual units vary from RM 92 to RM 151 in the core range. The broader market spans RM 105.63 to RM 137.38, indicating diverse property characteristics. The spread of RM 31.75 (IQR) and deviation of RM 30 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
2 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
JLN RAJAWALI 4
|
RM 180,000
|
RM 151.00
|
1,195 sqft
|
Apr 2023
|
JLN RAJAWALI 4
|
RM 260,000
|
RM 92.00
|
2,831 sqft
|
Aug 2023
|