TAMAN DESA IDAMAN in Alor Gajah, Melaka recorded 4 subsale transactions in 2021, with a median price of RM 370K and a median price per square foot (PSF) of RM 240.
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 370K, with most transactions falling within a stable range of RM 272K to RM 467K, and a typical market range of RM 299K to RM 440K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 240, with core pricing between RM 206 and RM 275. Market pricing typically extends from RM 196.88 to RM 283.13, reflecting moderate variation in unit pricing. With an IQR of RM 86.25 and MAD of RM 35, the PSF demonstrates reasonable consistency across the market.
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.