Alor Gajah, Melaka · Freehold · 9 transactions
Median Price
RM150K
RM150K – RM188K
Median PSF
RM228
RM228 – RM279
Transactions
9
2021-04 to 2024-11
Size Range
538 – 1948
sq.ft (built-up)
Data-driven insights for TMN SERI REDAN
Earliest PSF (2021)
RM279
Current PSF (2024)
RM228
Capital Gain
-18.0%
Total Return (est.)
-1.7% p.a.
| Capital appreciation (3 years) | -18.0% |
| Annualised capital return | -6.0% p.a. |
| Est. gross rental yield | 4.3% p.a. |
| Est. total return (capital + rental) | -1.7% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | -15.6% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Melaka district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 550 sqft | 4 | RM150K | RM279 |
| 650 sqft | 3 | RM150K | RM228 |
PSF Trend: Declining
PSF moved from RM279 (2021) to RM228 (2024)
Liquidity: Low
9 transactions over 3 years (~3/year)
20% below Alor Gajah average
This project: RM228 PSF vs Alor Gajah median: RM285 PSF
Est. Total Return: -1.7% p.a. (below FD)
Capital loss (-6.0% p.a.) + rental yield (~4.3% p.a.)
TMN SERI REDAN delivers a modest estimated total return of -1.7% p.a. — comprising -6.0% 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 trades 20% below the Alor Gajah average — potentially undervalued. 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 |
|---|---|---|---|---|---|
| Nov 2024 | Low-Cost House | Freehold | 657 | RM228 | RM150K |
| Jul 2024 | 1 - 1 1/2 Storey Terraced | Freehold | 538 | RM465 | RM250K |
| Jul 2024 | Low-Cost House | Freehold | 657 | RM228 | RM150K |
| May 2023 | 1 - 1 1/2 Storey Terraced | Freehold | 538 | RM269 | RM145K |
| May 2023 | Low-Cost House | Freehold | 657 | RM228 | RM150K |
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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