TMN BIDARA PALMA
Residential Market
Median Price
RM 215,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Single Storey Terraced
18 properties
Median Price
RM 222,500
+8.5% CAGR
Median PSF
RM 171.50
+8.9% CAGR
Single Storey Semi-D
10 properties
Median Price
RM 292,000
-0.5% CAGR
Median PSF
RM 101.50
+9.4% CAGR
Low-Cost House
8 properties
Median Price
RM 137,500
-10.6% CAGR
Median PSF
RM 114.00
-6.3% CAGR
Detached
2 properties
Median Price
RM 408,000
+11.4% CAGR
Median PSF
RM 73.50
+57.9% CAGR
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Single Storey Terraced | 18 |
RM 222,500
±5K MAD
|
+8.51% |
RM 171.50
±13 MAD
|
+8.91% | |
| Single Storey Semi-D | 10 |
RM 292,000
±8K MAD
|
-0.46% |
RM 101.50
±7 MAD
|
+9.37% | |
| Low-Cost House | 8 |
RM 137,500
±23K MAD
|
-10.56% |
RM 114.00
±6 MAD
|
-6.34% | |
| Detached | 2 |
RM 408,000
±22K MAD
|
+11.40% |
RM 73.50
±17 MAD
|
+57.89% |
TMN BIDARA PALMA in Alor Gajah, Melaka recorded 10 subsale transactions in 2023, with a median price of RM 215K and a median price per square foot (PSF) of RM 161.
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 215K, with most transactions falling within a stable range of RM 168K to RM 262K, and a typical market range of RM 167K to RM 263K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 161, though individual units vary from RM 128 to RM 194 in the core range. The broader market spans RM 127.00 to RM 195.00, indicating diverse property characteristics. The spread of RM 68.00 (IQR) and deviation of RM 33 (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.
Filter by type, year, price, and size
Transactions
10 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
JLN BIDARA PALMA 14
|
RM 150,000
|
RM 137.00
|
1,098 sqft
|
Apr 2023
|
|
JLN BP 8
|
RM 220,000
|
RM 184.00
|
1,195 sqft
|
Dec 2023
|
|
|
JLN BP 15
|
RM 220,000
|
RM 182.00
|
1,206 sqft
|
Oct 2023
|
|
|
JALAN BP 18
|
RM 190,000
|
RM 159.00
|
1,195 sqft
|
Sep 2023
|
|
|
JLN BP 16
|
RM 230,000
|
RM 193.00
|
1,195 sqft
|
Sep 2023
|
|
|
JLN BP 8
|
RM 210,000
|
RM 176.00
|
1,195 sqft
|
Aug 2023
|
|
|
JLN BIDARA PALMA 11
|
RM 195,000
|
RM 163.00
|
1,195 sqft
|
May 2023
|
|
JLN BIDARA PALMA UTAMA
|
RM 170,000
|
RM 103.00
|
1,647 sqft
|
Jan 2023
|
|
JLN BP 15
|
RM 255,000
|
RM 104.00
|
2,443 sqft
|
Mar 2023
|
|
JALAN BIDARA PALMA
|
RM 330,000
|
RM 112.00
|
2,949 sqft
|
Nov 2023
|