TMN MERANTI LESTARI
Residential Market
Median Price
RM 342,500
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 375,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Single Storey Terraced
6 properties
Median Price
RM 255,000
Median PSF
RM 213.00
+0.1% CAGR
Double Storey Shop
3 properties
Median Price
RM 375,000
+5.7% CAGR
Median PSF
RM 212.00
+5.7% CAGR
Double Storey Terraced
1 properties
Median Price
RM 430,000
Median PSF
RM 279.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Single Storey Terraced | 6 |
RM 255,000
|
- |
RM 213.00
±1 MAD
|
+0.12% | |
Double Storey Shop | 3 |
RM 375,000
|
+5.74% |
RM 212.00
|
+5.67% | |
Double Storey Terraced | 1 |
RM 430,000
|
- |
RM 279.00
|
- |
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.
Filter by type, year, price, and size
Transactions
2 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
JLN MERANTI LESTARI 4
|
RM 255,000
|
RM 213.00
|
1,195 sqft
|
Oct 2022
|
JLN MERANTI LESTARI 3
|
RM 430,000
|
RM 279.00
|
1,539 sqft
|
Aug 2022
|