TAMAN SERI BAYAN in Alor Gajah, Melaka recorded 7 subsale transactions between 2021 and 2025, with a median price of RM 290K and a median price per square foot (PSF) of RM 207.
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 290K, with most transactions falling within a stable range of RM 155K to RM 425K, and a typical market range of RM 191K to RM 389K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 207, with core pricing between RM 186 and RM 228. Market pricing typically extends from RM 186.88 to RM 227.13, 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.