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Market Snapshot
ResidentialRM 235,000
RM 155 psfMedian transaction price
Taman Kenari Jaya, 76100 Durian Tunggal, Melaka, Malaysia
MapsTaman Kenari Jaya (Harvest Jaya) in Alor Gajah, Melaka recorded 9 subsale transactions between 2021 and 2026, with a median price of RM 235K and a median price per square foot (PSF) of RM 155.
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 235K, with most transactions falling within a stable range of RM 120K to RM 350K, and a typical market range of RM 155K to RM 315K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 155, with core pricing between RM 131 and RM 179. Market pricing typically extends from RM 129.84 to RM 179.84, reflecting moderate variation in unit pricing. The spread of RM 50.00 (IQR) and deviation of RM 24 (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.