TAMAN CEMPAKA

Area Intelligence

2023

Median Price

RM 482,000

PSF: RM 131

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Residential PSF Trends

Median Price

RM 482,000

PSF: RM 131

TAMAN CEMPAKA in Alor Gajah, Melaka recorded 7 subsale transactions in 2023, with a median price of RM 482K 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 482K, with most transactions falling within a stable range of RM 389K to RM 500K, and a typical market range of RM 357K to RM 500K.

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 131, though individual units vary from RM 101 to RM 161 in the core range. The broader market spans RM 107.50 to RM 154.50, indicating diverse property characteristics. The spread of RM 47.00 (IQR) and deviation of RM 30 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN CEMPAKA, Alor Gajah, Melaka

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Transactions

5 transactions found

Popular Ranges

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

Custom Range

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 245,000

JALAN PERDANA 3

2,508 sqft • RM 98.00 PSF

Nov 2023

RM 500,000

TAMAN CEMPAKA INDAH

3,864 sqft • RM 129.00 PSF

Sep 2023

RM 482,000

TAMAN CEMPAKA INDAH

4,155 sqft • RM 116.00 PSF

Jul 2023

RM 350,000

TAMAN CEMPAKA INDAH

2,024 sqft • RM 173.00 PSF

Apr 2023

RM 396,000

TAMAN CEMPAKA INDAH

2,293 sqft • RM 173.00 PSF

Apr 2023

Road	Price	Land PSF	Land	Date	Type
JALAN PERDANA 3	RM 245,000	RM 98.00	2,508 sqft	Nov 2023	Single Storey Terraced
TAMAN CEMPAKA INDAH	RM 500,000	RM 129.00	3,864 sqft	Sep 2023	Single Storey Semi-D
TAMAN CEMPAKA INDAH	RM 482,000	RM 116.00	4,155 sqft	Jul 2023	Single Storey Terraced
TAMAN CEMPAKA INDAH	RM 350,000	RM 173.00	2,024 sqft	Apr 2023	Single Storey Terraced
TAMAN CEMPAKA INDAH	RM 396,000	RM 173.00	2,293 sqft	Apr 2023	Single Storey Terraced