Melaka
Alor Gajah
Durian Tunggal
TAMAN SERI BAYAN

TAMAN SERI BAYAN

Area Intelligence

2022

Median Price

RM 350,000

PSF: RM 216

Facebook X (Twitter)

Residential PSF Trends

Median Price

RM 350,000

PSF: RM 216

TAMAN SERI BAYAN in Alor Gajah, Melaka recorded 5 subsale transactions in 2022, with a median price of RM 350K and a median price per square foot (PSF) of RM 216.

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 350K, with most transactions falling within a stable range of RM 343K to RM 140K, and a typical market range of RM 251K to RM 140K.

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

For price per square foot, the median is RM 216, with most transactions between RM 210 and RM 222. The usual range is RM 195.88 to RM 236.13, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 40.25 and an average deviation (MAD) of RM 6 indicate a highly stable PSF trend across properties.

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.

Loading map...

TAMAN SERI BAYAN, Alor Gajah, Melaka

OSM