TAMAN NURI in Alor Gajah, Melaka recorded 22 subsale transactions in 2024, with a median price of RM 649K and a median price per square foot (PSF) of RM 213.
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 649K, with most transactions falling within a stable range of RM 453K to RM 845K, and a typical market range of RM 496K to RM 803K.
Most transactions involved 2 - 2 1/2 storey semi-detached, with high diversity across multiple property types.
The median PSF stands at RM 213, with core pricing between RM 186 and RM 240. Market pricing typically extends from RM 184.00 to RM 242.00, reflecting moderate variation in unit pricing. With an IQR of RM 58.00 and MAD of RM 27, 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. Moderate transaction volume may require patience when buying or selling.
