TAMAN SERI BAYAN

Area Intelligence
2023
Median Price
RM 275,000
PSF: RM 188

Residential PSF Trends

Median Price

RM 275,000

PSF: RM 188

TAMAN SERI BAYAN in Alor Gajah, Melaka recorded 4 subsale transactions in 2023, with a median price of RM 275K and a median price per square foot (PSF) of RM 188.

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 275K, with most transactions falling within a stable range of RM 153K to RM 397K, and a typical market range of RM 176K to RM 374K.

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

The median PSF stands at RM 188, with core pricing between RM 158 and RM 217. Market pricing typically extends from RM 167.38 to RM 207.63, reflecting moderate variation in unit pricing. The spread of RM 40.25 (IQR) and deviation of RM 30 (MAD) suggest moderate price variations reflecting different property features.

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 SERI BAYAN, Alor Gajah, Melaka

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Transactions

4 transactions grouped by size

700 sqft
Town House
RM 140,000
Level 1
678 sqft · RM 206 PSF
1,400 sqft
Double Storey Terraced
RM 290,000
JALAN SB 1
1,399 sqft · RM 207 PSF
1,550 sqft
Single Storey Terraced
RM 260,000
JALAN SB 6
1,539 sqft · RM 169 PSF
3,550 sqft
Double Storey Terraced
RM 480,000
JALAN SERI BAYAN 6
3,563 sqft · RM 135 PSF

No Properties For Sale

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

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