TMN CENDERAWASIH

TMN CENDERAWASIH in Alor Gajah, Melaka recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 315K and a median price per square foot (PSF) of RM 238.

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 315K, with most transactions falling within a stable range of RM 230K to RM 400K, and a typical market range of RM 273K to RM 358K.

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

Price per square foot shows a median of RM 238, though individual units vary from RM 174 to RM 302 in the core range. The broader market spans RM 206.00 to RM 270.00, indicating diverse property characteristics. A wider spread (IQR: RM 64.00) and deviation (MAD: RM 64) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.