Melaka
Alor Gajah
Kelemak
TAMAN JAYA KELEMAK

TAMAN JAYA KELEMAK

Area Intelligence

2023

Median Price

RM 310,000

PSF: RM 202

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Residential PSF Trends

Median Price

RM 310,000

PSF: RM 202

TAMAN JAYA KELEMAK in Alor Gajah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 310K and a median price per square foot (PSF) of RM 202.

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

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

For price per square foot, the median is RM 202, with most transactions between RM 182 and RM 221. The usual range is RM 165.00 to RM 238.00, showing that most units are priced quite close to each other. With an IQR of RM 73.00 and MAD of RM 20, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN JAYA KELEMAK, Alor Gajah, Melaka

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