TAMAN MEWAH

TAMAN MEWAH in Alor Gajah, Melaka recorded 4 subsale transactions in 2023, with a median price of RM 42K and a median price per square foot (PSF) of RM 62.

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 42K, with most transactions falling within a stable range of RM 37K to RM 59K, and a typical market range of RM 40K to RM 43K.

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

Price per square foot shows a median of RM 62, though individual units vary from RM 42 to RM 81 in the core range. The broader market spans RM 58.75 to RM 64.25, indicating diverse property characteristics. A wider spread (IQR: RM 5.50) and deviation (MAD: RM 19) indicate significant PSF variations, likely due to diverse property types or conditions.

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.