TAMAN CEMPAKA

Area Intelligence

2024

Median Price

RM 220,000

PSF: RM 136

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Residential PSF Trends

Median Price

RM 220,000

PSF: RM 136

TAMAN CEMPAKA in Alor Gajah, Melaka recorded 5 subsale transactions in 2024, with a median price of RM 220K and a median price per square foot (PSF) of RM 136.

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 220K, with most transactions falling within a stable range of RM 158K to RM 282K, and a typical market range of RM 130K to RM 300K.

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

Price per square foot shows a median of RM 136, though individual units vary from RM 101 to RM 171 in the core range. The broader market spans RM 112.50 to RM 159.50, indicating diverse property characteristics. A wider spread (IQR: RM 47.00) and deviation (MAD: RM 35) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN CEMPAKA, Alor Gajah, Melaka

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Transactions

4 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

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Max Size (sqft)

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RM 300,000

JALAN SRI CEMPAKA 1/2

1,539 sqft • RM 195.00 PSF

Jul 2024

RM 180,000

JALAN PERDANA 4

1,324 sqft • RM 136.00 PSF

May 2024

RM 220,000

JALAN PERDANA 9

1,432 sqft • RM 154.00 PSF

Apr 2024

RM 130,000

JALAN PERDANA 1

1,324 sqft • RM 98.00 PSF

Feb 2024

Road	Price	Land PSF	Land	Date	Type
JALAN SRI CEMPAKA 1/2	RM 300,000	RM 195.00	1,539 sqft	Jul 2024	Single Storey Terraced
JALAN PERDANA 4	RM 180,000	RM 136.00	1,324 sqft	May 2024	Single Storey Terraced
JALAN PERDANA 9	RM 220,000	RM 154.00	1,432 sqft	Apr 2024	Single Storey Terraced
JALAN PERDANA 1	RM 130,000	RM 98.00	1,324 sqft	Feb 2024	Single Storey Terraced