Area Intelligence

TMN KELEMAK UTAMA

4 properties
Double Storey Shop
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Median Price
RM 563,000
PSF: RM 319

Residential Market

Median Price

RM 399,000

IQR: RM 62
RM 306 PSF 12.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 563,000

IQR: RM 14
MAD: RM 14
RM 319 PSF 18.4%

PSF Trends (2021-2025)

TMN KELEMAK UTAMA in Alor Gajah, Melaka recorded 4 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 563K and a median price per square foot (PSF) of RM 319.

This area contains both residential and commercial properties. View 29 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 563K, with most transactions falling within a stable range of RM 550K to RM 880K, and a typical market range of RM 550K to RM 577K.

Within the Double Storey Shop category, 2 - 2 1/2 storey terraced dominated the market, with moderate diversity in property types available.

The median PSF stands at RM 319, with core pricing between RM 281 and RM 357. Market pricing typically extends from RM 289.00 to RM 349.00, reflecting moderate variation in unit pricing. With an IQR of RM 60.00 and MAD of RM 38, 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.

Area Location

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TMN KELEMAK UTAMA, Alor Gajah, Melaka

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Transactions

4 properties grouped by size

1,750 sqft
3 units Double Storey Shop
RM 576,000
JLN KU
1,765 sqft · RM 326.00 PSF
Dec 2022
RM 550,000
JLN
1,765 sqft · RM 312.00 PSF
Oct 2021
RM 550,000
JLN KU
1,765 sqft · RM 312.00 PSF
Oct 2021
3,200 sqft
1 units Double Storey Shop
RM 1,290,000
JLN KU
3,197 sqft · RM 404.00 PSF
Oct 2021