Melaka
Alor Gajah
Durian Tunggal
TAMAN RAJAWALI

TAMAN RAJAWALI

Area Intelligence

2021

Median Price

RM 170,000

PSF: RM 131

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Residential PSF Trends

Median Price

RM 170,000

PSF: RM 131

TAMAN RAJAWALI in Alor Gajah, Melaka recorded 1 subsale transactions in 2021, with a median price of RM 170K and a median price per square foot (PSF) of RM 131.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 131, with most transactions between RM 131 and RM 131. The usual range is RM 115.13 to RM 146.88, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 31.75 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN RAJAWALI, Alor Gajah, Melaka

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