TAMAN SERI BAYAN

TAMAN SERI BAYAN in Alor Gajah, Melaka recorded 1 subsale transactions in 2023, with a median price of RM 140K and a median price per square foot (PSF) of RM 206.

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 140K, with most transactions falling within a stable range of RM 5K to RM 275K, and a typical market range of RM 41K to RM 239K.

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

The median PSF stands at RM 206, with core pricing between RM 185 and RM 227. Market pricing typically extends from RM 185.88 to RM 226.13, reflecting moderate variation in unit pricing. With an IQR of RM 40.25 and MAD of RM 21, the PSF demonstrates reasonable consistency across the market.

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.