TAMAN BELIMBING SETIA in Alor Gajah, Melaka recorded 11 subsale transactions in 2022, with a median price of RM 450K and a median price per square foot (PSF) of RM 100.
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 450K, with most transactions falling within a stable range of RM 411K to RM 489K, and a typical market range of RM 424K to RM 476K.
Most transactions involved detached, with minimal variety in property types.
The median PSF stands at RM 100, with core pricing between RM 88 and RM 112. Market pricing typically extends from RM 89.50 to RM 110.50, reflecting moderate variation in unit pricing. With an IQR of RM 21.00 and MAD of RM 12, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.