TAMAN TASIK UTAMA in Alor Gajah, Melaka recorded 5 subsale transactions in 2023, with a median price of RM 800K and a median price per square foot (PSF) of RM 179.
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 800K, with most transactions falling within a stable range of RM 695K to RM 905K, and a typical market range of RM 700K to RM 900K.
Most transactions involved semi-detached factory/warehouse, with minimal variety in property types.
The median PSF stands at RM 179, with core pricing between RM 156 and RM 202. Market pricing typically extends from RM 156.50 to RM 201.50, reflecting moderate variation in unit pricing. With an IQR of RM 45.00 and MAD of RM 23, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.