Area Intelligence

TMN SERI NAGA (TMN BIDARA JAYA)

4 properties
2023
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Median Price
RM 270,000
PSF: RM 165

Residential Market

Median Price

RM 270,000

IQR: RM 17
MAD: RM 10
RM 165 PSF 6.9%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN SERI NAGA (TMN BIDARA JAYA) in Alor Gajah, Melaka recorded 4 subsale transactions in 2023, with a median price of RM 270K and a median price per square foot (PSF) of RM 165.

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 270K, with most transactions falling within a stable range of RM 248K to RM 270K, and a typical market range of RM 254K to RM 270K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 165, though individual units vary from RM 117 to RM 212 in the core range. The broader market spans RM 156.00 to RM 173.00, indicating diverse property characteristics. A wider spread (IQR: RM 17.00) and deviation (MAD: RM 48) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

Area Location

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TMN SERI NAGA (TMN BIDARA JAYA), Alor Gajah, Melaka

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Transactions

4 properties grouped by size

1,400 sqft
1 units Single Storey Terraced
RM 220,000
JALAN BIDARA JAYA 4
1,399 sqft · RM 157.00 PSF
Oct 2023
1,550 sqft
2 units Single Storey Terraced
RM 270,000
JLN TBJ 3
1,572 sqft · RM 172.00 PSF
Oct 2023
RM 270,000
JLN TBJ 3
1,572 sqft · RM 172.00 PSF
Oct 2023
4,650 sqft
1 units Single Storey Terraced
RM 270,000
JLN TBJ 5
4,661 sqft · RM 58.00 PSF
Dec 2023