Area Intelligence

TMN SERI REDAN

5 properties
2023
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Median Price
RM 200,000
PSF: RM 167

Residential Market

Median Price

RM 150,000

IQR: RM 34
MAD: RM 5
RM 126 PSF 0.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 280,000

IQR: RM 2
MAD: RM 2
RM 210 PSF

PSF Trends (2021-2025)

TMN SERI REDAN in Alor Gajah, Melaka recorded 5 subsale transactions in 2023, with a median price of RM 200K and a median price per square foot (PSF) of RM 167.

This area contains both residential and commercial properties. View 9 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 200K, with most transactions falling within a stable range of RM 145K to RM 260K, and a typical market range of RM 163K to RM 238K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 167, though individual units vary from RM 128 to RM 206 in the core range. The broader market spans RM 147.00 to RM 187.00, indicating diverse property characteristics. The spread of RM 40.00 (IQR) and deviation of RM 39 (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 SERI REDAN, Alor Gajah, Melaka

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Transactions

5 properties grouped by size

1,200 sqft
3 units
RM 145,000
Single Storey Terraced JLN REBANA 3
1,195 sqft · RM 121.00 PSF
May 2023
RM 150,000
Low-Cost House JLN REBANA 4
1,195 sqft · RM 126.00 PSF
May 2023
RM 200,000
Single Storey Terraced JLN REBANA 4
1,195 sqft · RM 167.00 PSF
Jan 2023
1,300 sqft
1 units Double Storey Shop
RM 280,000
JALAN REBANA UTAMA
1,324 sqft · RM 211.00 PSF
Jun 2023
1,350 sqft
1 units Double Storey Shop
RM 280,000
JALAN REBANA UTAMA
1,345 sqft · RM 208.00 PSF
Jun 2023