TMN MAKMOR (SG BARU ULU) Property Investment Analysis

TMN MAKMOR (SG BARU ULU) in Alor Gajah, Melaka recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 220K and a median price per square foot (PSF) of RM 107.

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 220K, with most transactions falling within a stable range of RM 150K to RM 290K, and a typical market range of RM 185K to RM 255K.

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

For price per square foot, the median is RM 107, with most transactions between RM 98 and RM 116. The usual range is RM 82.00 to RM 132.00, showing that most units are priced quite close to each other. With an IQR of RM 50.00 and MAD of RM 9, 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.