TMN NURI

TMN NURI in Alor Gajah, Melaka recorded 22 subsale transactions in 2024, with a median price of RM 649K and a median price per square foot (PSF) of RM 213.

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 649K, with most transactions falling within a stable range of RM 205K to RM 1.09 million, and a typical market range of RM 490K to RM 808K.

Most transactions involved 2 - 2 1/2 storey semi-detached, with high diversity across multiple property types.

Price per square foot shows a median of RM 213, though individual units vary from RM 166 to RM 260 in the core range. The broader market spans RM 183.75 to RM 242.25, indicating diverse property characteristics. The spread of RM 58.50 (IQR) and deviation of RM 47 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.