TMN NURI

TMN NURI in Alor Gajah, Melaka recorded 11 subsale transactions in 2021, with a median price of RM 715K and a median price per square foot (PSF) of RM 227.

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 715K, with most transactions falling within a stable range of RM 529K to RM 901K, and a typical market range of RM 556K to RM 874K.

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

The median PSF stands at RM 227, with core pricing between RM 195 and RM 259. Market pricing typically extends from RM 197.75 to RM 256.25, reflecting moderate variation in unit pricing. With an IQR of RM 58.50 and MAD of RM 32, the PSF demonstrates reasonable consistency across the market.

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.