TAMAN DESA IDAMAN in Alor Gajah, Melaka recorded 9 subsale transactions in 2022, with a median price of RM 450K and a median price per square foot (PSF) of RM 162.
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 450K, with most transactions falling within a stable range of RM 353K to RM 548K, and a typical market range of RM 380K to RM 520K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 162, though individual units vary from RM 128 to RM 197 in the core range. The broader market spans RM 118.88 to RM 205.13, indicating diverse property characteristics. The spread of RM 86.25 (IQR) and deviation of RM 35 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
