TMN SG. BARU ILIR JAYA

TMN SG. BARU ILIR JAYA in Alor Gajah, Melaka recorded 4 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 485K and a median price per square foot (PSF) of RM 315.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 485K, with most transactions falling within a stable range of RM 480K to RM 523K, and a typical market range of RM 480K to RM 500K.

Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, with minimal variety in property types.

For price per square foot, the median is RM 315, with most transactions between RM 298 and RM 332. The usual range is RM 307.63 to RM 322.38, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 14.75 and an average deviation (MAD) of RM 17 indicate a highly stable PSF trend across properties.

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.