Area Intelligence

TMN PAYA MENGKUANG

14 properties
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Median Price
RM 195,000
PSF: RM 112

Residential Market

Median Price

RM 190,000

IQR: RM 62
MAD: RM 28
RM 117 PSF 2.1%

PSF Trends (2021-2025)

TMN PAYA MENGKUANG in Alor Gajah, Melaka recorded 14 subsale transactions between 2021 and 2025, with a median price of RM 195K and a median price per square foot (PSF) of RM 112.

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 195K, with most transactions falling within a stable range of RM 155K to RM 235K, and a typical market range of RM 148K to RM 242K.

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

Price per square foot shows a median of RM 112, though individual units vary from RM 86 to RM 137 in the core range. The broader market spans RM 81.50 to RM 141.50, indicating diverse property characteristics. The spread of RM 60.00 (IQR) and deviation of RM 26 (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. 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 PAYA MENGKUANG, Alor Gajah, Melaka

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Transactions

14 properties grouped by size

1,150 sqft
2 units Single Storey Terraced
RM 150,000
LORONG 9
1,152 sqft · RM 130.00 PSF
Jan 2024
RM 120,000
LORONG 9
1,152 sqft · RM 104.00 PSF
Mar 2022
1,200 sqft
4 units Single Storey Terraced
RM 210,000
TMN PAYA MENGKUANG
1,206 sqft · RM 174.00 PSF
Sep 2024
RM 190,000
JLN MENGKUANG
1,206 sqft · RM 158.00 PSF
Jun 2024
RM 125,000
LORONG 10
1,206 sqft · RM 104.00 PSF
Oct 2023
RM 200,000
LORONG 7
1,206 sqft · RM 166.00 PSF
May 2023
1,550 sqft
4 units
RM 275,000
Double Storey Terraced LORONG 2
1,539 sqft · RM 179.00 PSF
Feb 2025
RM 180,000
Single Storey Terraced LORONG 5
1,539 sqft · RM 117.00 PSF
Nov 2024
RM 160,000
Single Storey Terraced LORONG 1
1,539 sqft · RM 104.00 PSF
Nov 2023
RM 290,000
Double Storey Terraced JLN MENGKUANG
1,539 sqft · RM 188.00 PSF
Dec 2021
1,800 sqft
1 units Single Storey Terraced
RM 190,000
JLN PENG. BALAK-PAYA MENGKUA
1,800 sqft · RM 106.00 PSF
Jul 2024
2,250 sqft
1 units Single Storey Terraced
RM 200,000
LORONG 1
2,239 sqft · RM 89.00 PSF
Dec 2021
3,750 sqft
1 units Single Storey Semi-D
RM 310,000
TAMAN MENGKUANG III
3,746 sqft · RM 83.00 PSF
May 2023
4,850 sqft
1 units Single Storey Terraced
RM 350,000
LORONG 5
4,865 sqft · RM 72.00 PSF
Jan 2023