TMN SG. BARU ILIR JAYA

TMN SG. BARU ILIR JAYA in Alor Gajah, Melaka recorded 2 subsale transactions in 2021, with a median price of RM 530K and a median price per square foot (PSF) of RM 336.

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 530K, with most transactions falling within a stable range of RM 490K to RM 570K, and a typical market range of RM 515K to RM 545K.

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

For price per square foot, the median is RM 336, with most transactions between RM 318 and RM 353. The usual range is RM 328.13 to RM 342.88, 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 18 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.