Area Intelligence

TMN PENGKALAN INDAH

2 properties
Double Storey Shop
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Median Price
RM 375,000
PSF: RM 244

Residential Market

Median Price

RM 190,000

IQR: RM 53
MAD: RM 29
RM 151 PSF 17.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 375,000

IQR: RM 4
MAD: RM 4
RM 244 PSF 1.4%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN PENGKALAN INDAH in Alor Gajah, Melaka recorded 2 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 375K and a median price per square foot (PSF) of RM 244.

This area contains both residential and commercial properties. View 15 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 375K, with most transactions falling within a stable range of RM 370K to RM 380K, and a typical market range of RM 370K to RM 380K.

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

For price per square foot, the median is RM 244, with most transactions between RM 240 and RM 247. The usual range is RM 216.50 to RM 270.50, showing that most units are priced quite close to each other. With an IQR of RM 54.00 and MAD of RM 4, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN PENGKALAN INDAH, Alor Gajah, Melaka

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Transactions

2 properties grouped by size

1,550 sqft
2 units Double Storey Shop
RM 380,000
JALAN INDAH 2
1,539 sqft · RM 247.00 PSF
Apr 2024
RM 370,000
JALAN INDAH 2
1,539 sqft · RM 240.00 PSF
Dec 2022