TAMAN BELIMBING HARMONI in Alor Gajah, Melaka recorded 19 subsale transactions in 2023, with a median price of RM 393K and a median price per square foot (PSF) of RM 202.
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 393K, with most transactions falling within a stable range of RM 366K to RM 420K, and a typical market range of RM 348K to RM 438K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 202, with core pricing between RM 171 and RM 233. Market pricing typically extends from RM 160.00 to RM 244.00, reflecting moderate variation in unit pricing. The spread of RM 84.00 (IQR) and deviation of RM 31 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.
