TAMAN JAYA KELEMAK

TAMAN JAYA KELEMAK in Alor Gajah, Melaka recorded 3 subsale transactions in 2023, with a median price of RM 340K and a median price per square foot (PSF) of RM 182.

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 340K, with most transactions falling within a stable range of RM 280K to RM 433K, and a typical market range of RM 310K to RM 370K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 182, with core pricing between RM 152 and RM 212. Market pricing typically extends from RM 145.50 to RM 218.50, reflecting moderate variation in unit pricing. The spread of RM 73.00 (IQR) and deviation of RM 30 (MAD) suggest moderate price variations reflecting different property features.

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.