TMN ENGGANG (GANGSA HEIGHTS)
Alor Gajah, Melaka · Freehold · 8 transactions
Median Price
RM786K
RM746K – RM820K
Median PSF
RM290
RM279 – RM314
Transactions
8
2021-10 to 2024-09
Size Range
1851 – 3175
sq.ft (built-up)
Recorded Transactions
Median Price
Median PSF
Market Analysis
Data-driven insights for TMN ENGGANG (GANGSA HEIGHTS)
Investment Return
Earliest PSF (2021)
RM290
Current PSF (2024)
RM279
Capital Gain
-3.8%
Total Return (est.)
3.0% p.a.
| Capital appreciation (3 years) | -3.8% |
| Annualised capital return | -1.3% p.a. |
| Est. gross rental yield | 4.3% p.a. |
| Est. total return (capital + rental) | 3.0% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | -1.4% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Melaka district averages.
Unit Mix Breakdown
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 1,850 sqft | 2 | RM480K | RM259 |
| 2,450 sqft | 2 | RM786K | RM323 |
| 2,850 sqft | 2 | RM820K | RM290 |
Market Verdict
PSF Trend: Stable
PSF moved from RM290 (2021) to RM279 (2024)
Liquidity: Low
8 transactions over 3 years (~3/year)
2% above Alor Gajah average
This project: RM290 PSF vs Alor Gajah median: RM285 PSF
Est. Total Return: 3.0% p.a. (below FD)
Capital loss (-1.3% p.a.) + rental yield (~4.3% p.a.)
Verdict
TMN ENGGANG (GANGSA HEIGHTS) delivers a modest estimated total return of 3.0% p.a. — comprising -1.3% capital depreciation and ~4.3% rental yield over 3 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF is in line with the Alor Gajah average, suggesting fair market pricing. Best suited for long-term holders.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
Transaction History
Showing 5 of 8| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Sept 2024 | 2 - 2 1/2 Storey Semi-Detached | Freehold | 2,433 | RM323 | RM786K |
| Jun 2024 | 2 - 2 1/2 Storey Semi-Detached | Freehold | 2,745 | RM279 | RM765K |
| May 2024 | 2 - 2 1/2 Storey Terraced | Freehold | 1,851 | RM259 | RM480K |
| Jul 2023 | 2 - 2 1/2 Storey Semi-Detached | Freehold | 2,433 | RM307 | RM746K |
| Jan 2023 | 2 - 2 1/2 Storey Terraced | Freehold | 1,851 | RM243 | RM450K |
3 more transactions hidden
Full Report Includes
Complete NAPIC transaction data with trend analysis — RM69.90 per report
Investment ROI
Capital gain + rental yield since launch
Market verdict
Trend, liquidity, and area comparison
Unit mix breakdown
Price & PSF by unit size
All transactions
Full table of 8 records
3 interactive charts
Scatter, price & PSF vs Alor Gajah & Melaka
Percentile breakdown
25th, 50th, 75th price & PSF
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