Alor Gajah, Melaka · Freehold · 9 transactions
Median Price
RM235K
RM110K – RM270K
Median PSF
RM273
RM155 – RM292
Transactions
9
2021-12 to 2024-06
Size Range
700 – 926
sq.ft (built-up)
Data-driven insights for TMN KENARI JAYA (HARVEST JAYA)
Earliest PSF (2021)
RM273
Current PSF (2024)
RM290
Capital Gain
+6.4%
Total Return (est.)
6.4% p.a.
| Capital appreciation (3 years) | +6.4% |
| Annualised capital return | +2.1% p.a. |
| Est. gross rental yield | 4.3% p.a. |
| Est. total return (capital + rental) | 6.4% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | +8.8% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Melaka district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 700 sqft | 4 | RM110K | RM155 |
| 850 sqft | 4 | RM320K | RM372 |
PSF Trend: Stable
PSF moved from RM273 (2021) to RM290 (2024)
Liquidity: Low
9 transactions over 3 years (~3/year)
4% below Alor Gajah average
This project: RM273 PSF vs Alor Gajah median: RM285 PSF
Est. Total Return: 6.4% p.a. (beats FD)
Capital gain (2.1% p.a.) + rental yield (~4.3% p.a.)
TMN KENARI JAYA (HARVEST JAYA) delivers a strong estimated total return of 6.4% p.a. — comprising +2.1% capital appreciation and ~4.3% rental yield over 3 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. 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
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Jun 2024 | 1 - 1 1/2 Storey Terraced | Freehold | 861 | RM290 | RM250K |
| Nov 2023 | 1 - 1 1/2 Storey Terraced | Freehold | 926 | RM292 | RM270K |
| Aug 2023 | 1 - 1 1/2 Storey Terraced | Freehold | 861 | RM372 | RM320K |
| Apr 2023 | Town House | Freehold | 721 | RM166 | RM120K |
| Dec 2022 | Town House | Freehold | 710 | RM155 | RM110K |
4 more transactions hidden
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 9 records
3 interactive charts
Scatter, price & PSF vs Alor Gajah & Melaka
Percentile breakdown
25th, 50th, 75th price & PSF
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