RUM AWAM PULAU SEBANG in Alor Gajah, Melaka recorded 3 subsale transactions in 2024, with a median price of RM 110K 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 110K, with most transactions falling within a stable range of RM 95K to RM 125K, and a typical market range of RM 94K to RM 126K.
Most transactions involved low-cost house, with minimal variety in property types.
For price per square foot, the median is RM 107, with most transactions between RM 103 and RM 112. The usual range is RM 95.38 to RM 118.63, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 23.25 and an average deviation (MAD) of RM 5 indicate a highly stable PSF trend across properties.
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.