Area Intelligence

TMN RAJAWALI

2 properties
2023
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Median Price
RM 220,000
PSF: RM 122

Residential Market

Median Price

RM 220,000

IQR: RM 32
MAD: RM 15
RM 122 PSF 4.6%

PSF Trends (2021-2025)

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.

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 180,000
JLN RAJAWALI 4
1,195 sqft · RM 151.00 PSF
Apr 2023
2,850 sqft
1 units Single Storey Terraced
RM 260,000
JLN RAJAWALI 4
2,831 sqft · RM 92.00 PSF
Aug 2023