TMN SERI GAMELAN

TMN SERI GAMELAN in Alor Gajah, Melaka recorded 17 subsale transactions in 2021, with a median price of RM 200K and a median price per square foot (PSF) of RM 118.

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 200K, with most transactions falling within a stable range of RM 162K to RM 238K, and a typical market range of RM 180K to RM 220K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 118, with core pricing between RM 95 and RM 141. Market pricing typically extends from RM 104.75 to RM 131.25, reflecting moderate variation in unit pricing. The spread of RM 26.50 (IQR) and deviation of RM 23 (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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.