Area Intelligence

TMN MACHAP BESTARI

2 properties
Double Storey Shop
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Median Price
RM 312,500
PSF: RM 203

Residential Market

Median Price

RM 190,000

IQR: RM 23
MAD: RM 14
RM 138 PSF 28.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 312,500

IQR: RM 8
MAD: RM 8
RM 203 PSF 8.2%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN MACHAP BESTARI in Alor Gajah, Melaka recorded 2 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 313K and a median price per square foot (PSF) of RM 203.

This area contains both residential and commercial properties. View 6 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 313K, with most transactions falling within a stable range of RM 300K to RM 325K, and a typical market range of RM 300K to RM 325K.

Within the Double Storey Shop category, 1 - 1 1/2 storey terraced dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 203, with most transactions between RM 195 and RM 211. The usual range is RM 178.38 to RM 227.63, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 49.25 and an average deviation (MAD) of RM 8 indicate a highly stable PSF trend across properties.

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.

Area Location

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TMN MACHAP BESTARI, Alor Gajah, Melaka

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Transactions

2 properties grouped by size

1,550 sqft
2 units Double Storey Shop
RM 325,000
MC4-1
1,539 sqft · RM 211.00 PSF
Apr 2023
RM 300,000
JLN TMN MACHAP BESTARI
1,539 sqft · RM 195.00 PSF
Jun 2022