TMN MAWAR JAYA/PERMAI JAYA

TMN MAWAR JAYA/PERMAI JAYA in Alor Gajah, Melaka recorded 3 subsale transactions in 2023, with a median price of RM 198K and a median price per square foot (PSF) of RM 166.

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 198K, with most transactions falling within a stable range of RM 169K to RM 227K, and a typical market range of RM 176K to RM 221K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 166, with core pricing between RM 142 and RM 190. Market pricing typically extends from RM 156.00 to RM 176.00, reflecting moderate variation in unit pricing. With an IQR of RM 20.00 and MAD of RM 24, the PSF demonstrates reasonable consistency across the market.

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.