Area Intelligence

TMN SERI BAYU

4 properties
2023
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Median Price
RM 185,000
PSF: RM 120

Residential Market

Median Price

RM 185,000

IQR: RM 36
MAD: RM 15
RM 120 PSF 11.5%

PSF Trends (2021-2025)

TMN SERI BAYU in Alor Gajah, Melaka recorded 4 subsale transactions in 2023, with a median price of RM 185K and a median price per square foot (PSF) of RM 120.

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 185K, with most transactions falling within a stable range of RM 158K to RM 200K, and a typical market range of RM 156K to RM 200K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 120, with core pricing between RM 99 and RM 141. Market pricing typically extends from RM 102.13 to RM 137.88, reflecting moderate variation in unit pricing. The spread of RM 35.75 (IQR) and deviation of RM 21 (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 SERI BAYU, Alor Gajah, Melaka

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Transactions

4 properties grouped by size

1,550 sqft
3 units Single Storey Terraced
RM 180,000
SELASIH 3
1,539 sqft · RM 117.00 PSF
Oct 2023
RM 190,000
JALAN SELASIH
1,539 sqft · RM 123.00 PSF
Aug 2023
RM 200,000
SELESIH 3
1,539 sqft · RM 130.00 PSF
Aug 2023
1,700 sqft
1 units Low-Cost House
RM 130,000
JLN SELASIH 1
1,711 sqft · RM 76.00 PSF
Nov 2023