TMN PAYA MENGKUANG
Residential Market
Median Price
RM 120,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Single Storey Terraced
11 properties
Median Price
RM 185,000
-1.7% CAGR
Median PSF
RM 104.00
+13.5% CAGR
Double Storey Terraced
2 properties
Median Price
RM 282,500
-1.3% CAGR
Median PSF
RM 183.50
-1.2% CAGR
Single Storey Semi-D
1 properties
Median Price
RM 310,000
Median PSF
RM 83.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Single Storey Terraced | 11 |
RM 185,000
±10K MAD
|
-1.70% |
RM 104.00
±8 MAD
|
+13.46% | |
| Double Storey Terraced | 2 |
RM 282,500
±8K MAD
|
-1.32% |
RM 183.50
±5 MAD
|
-1.22% | |
| Single Storey Semi-D | 1 |
RM 310,000
|
- |
RM 83.00
|
- |
TMN PAYA MENGKUANG in Alor Gajah, Melaka recorded 1 subsale transactions in 2022, with a median price of RM 120K and a median price per square foot (PSF) of RM 104.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 104, with most transactions between RM 104 and RM 104. The usual range is RM 74.00 to RM 134.00, showing that most units are priced quite close to each other. With an IQR of RM 60.00 and MAD of RM 0, 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.
Filter by type, year, price, and size
Transactions
1 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
LORONG 9
|
RM 120,000
|
RM 104.00
|
1,152 sqft
|
Mar 2022
|