TAMAN TASIK UTAMA in Alor Gajah, Melaka recorded 1 subsale transactions in 2022, with a median price of RM 530K and a median price per square foot (PSF) of RM 132.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 530K, with most transactions falling within a stable range of RM 425K to RM 635K, and a typical market range of RM 430K to RM 630K.
Most transactions involved semi-detached factory/warehouse, with minimal variety in property types.
The median PSF stands at RM 132, with core pricing between RM 109 and RM 155. Market pricing typically extends from RM 109.50 to RM 154.50, reflecting moderate variation in unit pricing. The spread of RM 45.00 (IQR) and deviation of RM 23 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
