TMN MEKAR

TMN MEKAR in Alor Gajah, Melaka recorded 2 Low-Cost House properties subsale transactions between 2021 and 2025 for low-cost house properties, with a median price of RM 141K and a median price per square foot (PSF) of RM 129.

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 141K, with most transactions falling within a stable range of RM 109K to RM 173K, and a typical market range of RM 111K to RM 171K.

Within the Low-Cost House category, 2 - 2 1/2 storey terraced dominated the market, with moderate diversity in property types available.

Price per square foot shows a median of RM 129, though individual units vary from RM 99 to RM 158 in the core range. The broader market spans RM 102.13 to RM 154.88, indicating diverse property characteristics. The spread of RM 52.75 (IQR) and deviation of RM 30 (MAD) suggest moderate price variations reflecting different property features.

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.