|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Level 1
|
RM 120,000
|
RM 166
|
721 sqft
|
|
Townhouse |
| 2022 | |||||
|
Level 2
|
RM 110,000
|
RM 155
|
710 sqft
|
|
Townhouse |
|
Level 1
|
RM 65,000
|
RM 90
|
721 sqft
|
|
Townhouse |
|
Level 2
|
RM 90,000
|
RM 129
|
700 sqft
|
|
Townhouse |
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Market Snapshot
ResidentialRM 100,000
RM 142 psfMedian transaction price
Taman Kenari Jaya, 76100 Durian Tunggal, Melaka, Malaysia
MapsTaman Kenari Jaya (Harvest Jaya) in Alor Gajah, Melaka recorded 4 subsale transactions between 2021 and 2026, up to 1,000 sqft, with a median price of RM 100K and a median price per square foot (PSF) of RM 142.
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 100K, with most transactions falling within a stable range of RM 79K to RM 120K, and a typical market range of RM 65K to RM 120K.
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 142, though individual units vary from RM 112 to RM 171 in the core range. The broader market spans RM 116.74 to RM 166.74, indicating diverse property characteristics. The spread of RM 50.00 (IQR) and deviation of RM 29 (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.