TAMAN PKNM in Alor Gajah, Melaka recorded 1 subsale transactions in 2024, with a median price of RM 550K and a median price per square foot (PSF) of RM 110.
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 550K, with most transactions falling within a stable range of RM 375K to RM 725K, and a typical market range of RM 463K to RM 638K.
Most transactions involved detached, with minimal variety in property types.
Price per square foot shows a median of RM 110, though individual units vary from RM 75 to RM 145 in the core range. The broader market spans RM 92.50 to RM 127.50, indicating diverse property characteristics. A wider spread (IQR: RM 35.00) and deviation (MAD: RM 35) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
