RUM AWAM TEBONG (TMN SRI CAHAYA)

RUM AWAM TEBONG (TMN SRI CAHAYA) in Alor Gajah, Melaka recorded 2 subsale transactions in 2024, with a median price of RM 95K and a median price per square foot (PSF) of RM 80.

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 95K, with most transactions falling within a stable range of RM 80K to RM 110K, and a typical market range of RM 88K to RM 102K.

Most transactions involved low-cost house, with minimal variety in property types.

The median PSF stands at RM 80, with core pricing between RM 67 and RM 92. Market pricing typically extends from RM 75.88 to RM 83.13, reflecting moderate variation in unit pricing. The spread of RM 7.25 (IQR) and deviation of RM 13 (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. 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.