TMN SERI BAYAN

TMN SERI BAYAN in Alor Gajah, Melaka recorded 5 subsale transactions in 2022, with a median price of RM 350K and a median price per square foot (PSF) of RM 216.

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 350K, with most transactions falling within a stable range of RM 202K to RM 498K, and a typical market range of RM 260K to RM 440K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 216, with core pricing between RM 193 and RM 239. Market pricing typically extends from RM 198.00 to RM 234.00, reflecting moderate variation in unit pricing. With an IQR of RM 36.00 and MAD of RM 23, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.