Taman Mekar in Alor Gajah, Melaka recorded 4 subsale transactions between 2021 and 2026, with a median price of RM187K and a median price per square foot (PSF) of RM198.

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 RM187K, with most transactions falling within a stable range of RM141K to RM232K, and a typical market range of RM157K to RM217K.

Most transactions involved low-cost house, with moderate diversity in property types available.

The median PSF stands at RM198, with core pricing between RM167 and RM228. Market pricing typically extends from RM171.30 to RM224.05, reflecting moderate variation in unit pricing. The spread of RM52.75 (IQR) and deviation of RM31 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.