TAMAN MEWAH

TAMAN MEWAH in Alor Gajah, Melaka recorded 5 subsale transactions in 2022, 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 40K to RM 53K, and a typical market range of RM 44K to RM 47K.

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

For price per square foot, the median is RM 67, with most transactions between RM 64 and RM 70. The usual range is RM 64.25 to RM 69.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 5.50 and an average deviation (MAD) of RM 3 indicate a highly stable PSF trend across properties.

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.