Area Intelligence

TMN SRI BAYAN

7 properties
2024
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Median Price
RM 950,000
PSF: RM 442

Commercial Market

Median Price

RM 950,000

IQR: RM 231
MAD: RM 70
RM 442 PSF 40.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN SRI BAYAN in Alor Gajah, Melaka recorded 7 subsale transactions in 2024, with a median price of RM 950K and a median price per square foot (PSF) of RM 442.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 950K, with most transactions falling within a stable range of RM 443K to RM 1.46 million, and a typical market range of RM 666K to RM 1.23 million.

Most transactions involved office lot, with moderate diversity in property types available.

Price per square foot shows a median of RM 442, though individual units vary from RM 341 to RM 543 in the core range. The broader market spans RM 326.63 to RM 557.38, indicating diverse property characteristics. The spread of RM 230.75 (IQR) and deviation of RM 101 (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.

Area Location

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TMN SRI BAYAN, Alor Gajah, Melaka

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Transactions

7 properties grouped by size

1,350 sqft
1 units Office Lot
RM 225,000
1,367 sqft · RM 165.00 PSF
Aug 2024
1,450 sqft
2 units Double Storey Shop
RM 670,000
JLN SB 7
1,432 sqft · RM 468.00 PSF
Jun 2024
RM 680,000
JALAN SB 7
1,432 sqft · RM 475.00 PSF
Feb 2024
2,450 sqft
2 units Double Storey Shop
RM 950,000
JLN SB 7
2,433 sqft · RM 391.00 PSF
Mar 2024
RM 950,000
JLN SB 7
2,443 sqft · RM 389.00 PSF
Mar 2024
2,500 sqft
1 units Double Storey Shop
RM 1,100,000
DAN 16 & 16-1 JLN SB 6
2,486 sqft · RM 442.00 PSF
Sep 2024
4,350 sqft
1 units Double Storey Shop
RM 2,000,000
JLN SB 6
4,349 sqft · RM 460.00 PSF
Jun 2024