TAMAN MEWAH

TAMAN MEWAH in Alor Gajah, Melaka recorded 10 subsale transactions in 2021, with a median price of RM 45K and a median price per square foot (PSF) of RM 67.

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 45K, with most transactions falling within a stable range of RM 38K to RM 56K, and a typical market range of RM 44K to RM 47K.

Most transactions involved flats, though some variety exists in the market.

The median PSF stands at RM 67, with core pricing between RM 54 and RM 80. Market pricing typically extends from RM 64.25 to RM 69.75, reflecting moderate variation in unit pricing. The spread of RM 5.50 (IQR) and deviation of RM 13 (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. 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.