| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 2
|
RM 37,000
|
RM 55
|
674 sqft
|
|
Flat |
|
Level 1
|
RM 42,000
|
RM 62
|
674 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 42,000
RM 62 psfMedian transaction price
Taman Mewah Kelemak, 78000 Alor Gajah, Melaka, Malaysia
MapsTaman Mewah in Alor Gajah, Melaka recorded 3 subsale transactions between 2021 and 2026, 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 61K, and a typical market range of RM 41K to RM 44K.
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 41 to RM 83 in the core range. The broader market spans RM 59.57 to RM 65.07, indicating diverse property characteristics. A wider spread (IQR: RM 5.50) and deviation (MAD: RM 21) 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.