Melaka
Alor Gajah
Durian Tunggal
TAMAN CEMPAKA INDAH

TAMAN CEMPAKA INDAH

Area Intelligence

2023

Median Price

RM 450,000

PSF: RM 131

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Residential PSF Trends

Median Price

RM 450,000

PSF: RM 131

TAMAN CEMPAKA INDAH in Alor Gajah, Melaka recorded 6 subsale transactions in 2023, with a median price of RM 450K and a median price per square foot (PSF) of RM 131.

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 500K to RM 459K, and a typical market range of RM 500K to RM 515K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 131, with most transactions between RM 121 and RM 142. The usual range is RM 98.25 to RM 163.75, showing that most units are priced quite close to each other. With an IQR of RM 65.50 and MAD of RM 11, 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.

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TAMAN CEMPAKA INDAH, Alor Gajah, Melaka

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