Area Intelligence

TMN MACHAP BESTARI

3 properties
2022
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Median Price
RM 190,000
PSF: RM 142

Residential Market

Median Price

RM 180,000

IQR: RM 23
MAD: RM 14
RM 129 PSF 28.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 300,000

IQR: RM 8
MAD: RM 8
RM 195 PSF 8.2%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN MACHAP BESTARI in Alor Gajah, Melaka recorded 3 subsale transactions in 2022, with a median price of RM 190K and a median price per square foot (PSF) of RM 142.

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 190K, with most transactions falling within a stable range of RM 170K to RM 247K, and a typical market range of RM 170K to RM 221K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 142, though individual units vary from RM 109 to RM 175 in the core range. The broader market spans RM 117.38 to RM 166.63, indicating diverse property characteristics. The spread of RM 49.25 (IQR) and deviation of RM 33 (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.

Area Location

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TMN MACHAP BESTARI, Alor Gajah, Melaka

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Transactions

3 properties grouped by size

1,200 sqft
1 units Single Storey Terraced
RM 170,000
JLN MACHAP BESTARI 2
1,195 sqft · RM 142.00 PSF
Jul 2022
1,550 sqft
1 units Double Storey Shop
RM 300,000
JLN TMN MACHAP BESTARI
1,539 sqft · RM 195.00 PSF
Jun 2022
1,650 sqft
1 units Single Storey Terraced
RM 190,000
JALAN MACHAP BESTARI 7
1,647 sqft · RM 115.00 PSF
Sep 2022