| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Seri Manggis 2
|
RM 160,000
|
RM 146
|
1,098 sqft
|
|
|
|
Jalan Seri Manggis 2
|
RM 160,000
|
RM 146
|
1,098 sqft
|
|
|
Jalan Sm 2
|
RM 133,000
|
RM 50
|
2,680 sqft
|
|
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Market Snapshot
ResidentialRM 160,000
RM 146 psfMedian transaction price
78000 Malacca, Malaysia
MapsTaman Gadek Perdana(Seri Manggis) in Alor Gajah, Melaka recorded 3 subsale transactions in 2024, with a median price of RM 160K and a median price per square foot (PSF) of RM 146.
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 160K, with most transactions falling within a stable range of RM 147K to RM 160K, and a typical market range of RM 133K to RM 160K.
Most transactions involved low-cost house, though some variety exists in the market.
Price per square foot shows a median of RM 146, though individual units vary from RM 100 to RM 191 in the core range. The broader market spans RM 117.73 to RM 173.73, indicating diverse property characteristics. A wider spread (IQR: RM 56.00) and deviation (MAD: RM 45) indicate significant PSF variations, likely due to diverse property types or conditions.
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.