TAMAN CEMPAKA

Area Intelligence
2024
Median Price
RM 200,000
PSF: RM 145

Residential PSF Trends

Median Price

RM 200,000

PSF: RM 145

TAMAN CEMPAKA in Alor Gajah, Melaka recorded 4 subsale transactions in 2024, with a median price of RM 200K and a median price per square foot (PSF) of RM 145.

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 200K, with most transactions falling within a stable range of RM 138K to RM 262K, 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 145, though individual units vary from RM 110 to RM 180 in the core range. The broader market spans RM 121.50 to RM 168.50, indicating diverse property characteristics. The spread of RM 47.00 (IQR) and deviation of RM 35 (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. 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 grouped by size

1,300 sqft
Single Storey Terraced
RM 180,000
JALAN PERDANA 4
1,324 sqft · RM 136 PSF
RM 130,000
JALAN PERDANA 1
1,324 sqft · RM 98 PSF
1,450 sqft
Single Storey Terraced
RM 220,000
JALAN PERDANA 9
1,432 sqft · RM 154 PSF
1,550 sqft
Single Storey Terraced
RM 300,000
JALAN SRI CEMPAKA 1/2
1,539 sqft · RM 195 PSF

No Properties For Sale

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

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