Area Intelligence

TMN MERANTI LESTARI

3 properties
2024
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Median Price
RM 260,000
PSF: RM 212

Residential Market

Median Price

RM 255,000

IQR: RM 7
MAD: RM 3
RM 214 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 3 subsale transactions in 2024, with a median price of RM 260K and a median price per square foot (PSF) of RM 212.

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 260K, with most transactions falling within a stable range of RM 250K to RM 317K, and a typical market range of RM 250K to RM 313K.

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

For price per square foot, the median is RM 212, with most transactions between RM 208 and RM 216. The usual range is RM 210.13 to RM 213.88, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 3.75 and an average deviation (MAD) of RM 4 indicate a highly stable PSF trend across properties.

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

3 properties grouped by size

1,200 sqft
2 units Single Storey Terraced
RM 260,000
JLN MERANTI LESTARI 4
1,195 sqft · RM 218.00 PSF
Jul 2024
RM 250,000
JLN MERANTI LESTARI 2
1,195 sqft · RM 209.00 PSF
Apr 2024
1,750 sqft
1 units Double Storey Shop
RM 375,000
TMN MERANTI LESTARI UTAMA
1,765 sqft · RM 212.00 PSF
Nov 2024