Melaka
Alor Gajah
Kelemak
TAMAN JAYA KELEMAK

TAMAN JAYA KELEMAK

Area Intelligence

2023

Median Price

RM 340,000

PSF: RM 182

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Residential PSF Trends

Median Price

RM 340,000

PSF: RM 182

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 340K to RM 420K, and a typical market range of RM 340K to RM 370K.

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

Price per square foot shows a median of RM 182, though individual units vary from RM 146 to RM 219 in the core range. The broader market spans RM 145.50 to RM 218.50, indicating diverse property characteristics. The spread of RM 73.00 (IQR) and deviation of RM 37 (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.

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TAMAN JAYA KELEMAK, Alor Gajah, Melaka

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