TMN SERI BAYAN

TMN SERI BAYAN in Alor Gajah, Melaka recorded 4 subsale transactions in 2023, with a median price of RM 275K and a median price per square foot (PSF) of RM 188.

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 275K, with most transactions falling within a stable range of RM 153K to RM 397K, and a typical market range of RM 185K to RM 365K.

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

The median PSF stands at RM 188, with core pricing between RM 158 and RM 217. Market pricing typically extends from RM 169.50 to RM 205.50, reflecting moderate variation in unit pricing. The spread of RM 36.00 (IQR) and deviation of RM 30 (MAD) suggest moderate price variations reflecting different property features.

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.