TAMAN CEMPAKA

Area Intelligence
2023
Median Price
RM 482,000
PSF: RM 131

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 506K, and a typical market range of RM 357K to RM 506K.

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

The median PSF stands at RM 131, with core pricing between RM 105 and RM 157. Market pricing typically extends from RM 107.50 to RM 154.50, reflecting moderate variation in unit pricing. The spread of RM 47.00 (IQR) and deviation of RM 26 (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

7 transactions grouped by size

2,000 sqft
Single Storey Terraced
RM 350,000
TAMAN CEMPAKA INDAH
2,024 sqft · RM 173 PSF
2,300 sqft
Single Storey Terraced
RM 396,000
TAMAN CEMPAKA INDAH
2,293 sqft · RM 173 PSF
2,500 sqft
Single Storey Terraced
RM 245,000
JALAN PERDANA 3
2,508 sqft · RM 98 PSF
3,850 sqft
Single Storey Semi-D
RM 505,000
TAMAN CEMPAKA INDAH
3,864 sqft · RM 131 PSF
RM 500,000
TAMAN CEMPAKA INDAH
3,864 sqft · RM 129 PSF
RM 506,000
TAMAN CEMPAKA INDAH
3,843 sqft · RM 132 PSF
4,150 sqft
Single Storey Terraced
RM 482,000
TAMAN CEMPAKA INDAH
4,155 sqft · RM 116 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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