TMN SERI GAMELAN

TMN SERI GAMELAN in Alor Gajah, Melaka recorded 16 subsale transactions in 2024, with a median price of RM 250K and a median price per square foot (PSF) of RM 125.

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 250K, with most transactions falling within a stable range of RM 210K to RM 290K, and a typical market range of RM 230K to RM 270K.

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

The median PSF stands at RM 125, with core pricing between RM 104 and RM 145. Market pricing typically extends from RM 111.25 to RM 137.75, reflecting moderate variation in unit pricing. The spread of RM 26.50 (IQR) and deviation of RM 20 (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.