| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan 13
|
RM 140,000
|
RM 128
|
1,098 sqft
|
|
|
Jalan Gadek
|
RM 360,000
|
RM 119
|
3,035 sqft
|
|
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78000 Alor Gajah, Malacca, Malaysia
MapsTaman Dalong Sentosa in Alor Gajah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 250K and a median price per square foot (PSF) of RM 123.
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 250K, with most transactions falling within a stable range of RM 140K to RM 360K, and a typical market range of RM 185K to RM 315K.
Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.
For price per square foot, the median is RM 123, with most transactions between RM 119 and RM 128. The usual range is RM 120.31 to RM 125.81, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 5.50 and an average deviation (MAD) of RM 4 indicate a highly stable PSF trend across properties.
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.