Area Intelligence

TMN MAJU JAYA

2 properties
2022
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Median Price
RM 180,000
PSF: RM 103

Residential Market

Median Price

RM 180,000

IQR: RM 32
MAD: RM 28
RM 103 PSF 44.4%

PSF Trends (2021-2025)

TMN MAJU JAYA in Alor Gajah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 180K and a median price per square foot (PSF) of RM 103.

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 180K, with most transactions falling within a stable range of RM 150K to RM 210K, and a typical market range of RM 153K to RM 208K.

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

The median PSF stands at RM 103, with core pricing between RM 85 and RM 120. Market pricing typically extends from RM 86.75 to RM 118.25, reflecting moderate variation in unit pricing. The spread of RM 31.50 (IQR) and deviation of RM 18 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN MAJU JAYA, Alor Gajah, Melaka

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Transactions

2 properties grouped by size

1,750 sqft
2 units
RM 150,000
Double Storey Terraced MASJID TANAH-BEINGIN
1,755 sqft · RM 85.00 PSF
Aug 2022
RM 210,000
Single Storey Terraced JLN JAYA
1,755 sqft · RM 120.00 PSF
Jun 2022