Area Intelligence

TMN WIRA MAS

5 properties
2023
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Median Price
RM 130,000
PSF: RM 109

Residential Market

Median Price

RM 130,000

IQR: RM 25
MAD: RM 14
RM 109 PSF 14.6%

PSF Trends (2021-2025)

TMN WIRA MAS in Alor Gajah, Melaka recorded 5 subsale transactions in 2023, with a median price of RM 130K and a median price per square foot (PSF) of RM 109.

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 130K, with most transactions falling within a stable range of RM 110K to RM 162K, and a typical market range of RM 116K to RM 144K.

Most transactions involved low-cost house, with minimal variety in property types.

The median PSF stands at RM 109, with core pricing between RM 93 and RM 125. Market pricing typically extends from RM 96.63 to RM 121.38, reflecting moderate variation in unit pricing. With an IQR of RM 24.75 and MAD of RM 16, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN WIRA MAS, Alor Gajah, Melaka

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Transactions

5 properties found

Low-Cost House JLN WIRA MAS 9
RM 200,000
2,196 sqft Sep 2023
RM 91.00 PSF
Low-Cost House JALAN WIRA MAS 3
RM 140,000
1,098 sqft Aug 2023
RM 128.00 PSF
Low-Cost House JALAN WIRA MAS 9
RM 110,000
1,292 sqft Aug 2023
RM 85.00 PSF
Low-Cost House JALAN WIRA MAS 8
RM 120,000
1,098 sqft Jul 2023
RM 109.00 PSF
Low-Cost House JALAN WIRA MAS 10
RM 130,000
1,098 sqft Mar 2023
RM 118.00 PSF

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