Area Intelligence

TMN MERANTI LESTARI

2 properties
2022
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Median Price
RM 342,500
PSF: RM 246

Residential Market

Median Price

RM 342,500

IQR: RM 7
MAD: RM 3
RM 246 PSF 6.8%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 375,000

IQR: RM 21
RM 212 PSF 7.6%

PSF Trends (2021-2025)

TMN MERANTI LESTARI in Alor Gajah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 343K and a median price per square foot (PSF) of RM 246.

This area contains both residential and commercial properties. View 7 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 343K, with most transactions falling within a stable range of RM 255K to RM 430K, and a typical market range of RM 289K to RM 396K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 246, with core pricing between RM 213 and RM 279. Market pricing typically extends from RM 244.13 to RM 247.88, reflecting moderate variation in unit pricing. With an IQR of RM 3.75 and MAD of RM 33, the PSF demonstrates reasonable consistency across the market.

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 MERANTI LESTARI, Alor Gajah, Melaka

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Transactions

2 properties grouped by size

1,200 sqft
1 units Single Storey Terraced
RM 255,000
JLN MERANTI LESTARI 4
1,195 sqft · RM 213.00 PSF
Oct 2022
1,550 sqft
1 units Double Storey Terraced
RM 430,000
JLN MERANTI LESTARI 3
1,539 sqft · RM 279.00 PSF
Aug 2022