TAMAN NURI

Area Intelligence
2023
Median Price
RM 435,000
PSF: RM 292

Residential PSF Trends

Median Price

RM 435,000

PSF: RM 292

TAMAN NURI in Alor Gajah, Melaka recorded 4 subsale transactions in 2023, with a median price of RM 435K and a median price per square foot (PSF) of RM 292.

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 435K, with most transactions falling within a stable range of RM 309K to RM 450K, and a typical market range of RM 282K to RM 450K.

Most transactions involved 2 - 2 1/2 storey semi-detached, with high diversity across multiple property types.

Price per square foot shows a median of RM 292, though individual units vary from RM 218 to RM 365 in the core range. The broader market spans RM 262.50 to RM 320.50, indicating diverse property characteristics. A wider spread (IQR: RM 58.00) and deviation (MAD: RM 74) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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TAMAN NURI, Alor Gajah, Melaka

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Transactions

4 transactions grouped by size

1,150 sqft
Town House
RM 150,000
Level 2
1,163 sqft · RM 129 PSF
1,450 sqft
Double Storey Terraced
RM 420,000
JALAN NURI 24
1,442 sqft · RM 291 PSF
RM 450,000
JALAN NURI 30
1,442 sqft · RM 312 PSF
1,550 sqft
Double Storey Terraced
RM 450,000
JALAN NURI 8
1,539 sqft · RM 292 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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