Melaka
Alor Gajah
Kelemak
TAMAN MEWAH

TAMAN MEWAH

Area Intelligence

2022

Median Price

RM 45,000

PSF: RM 67

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Residential PSF Trends

Median Price

RM 45,000

PSF: RM 67

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.

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TAMAN MEWAH, Alor Gajah, Melaka

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Transactions

5 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

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Max Size (sqft)

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RM 45,000

Level 1

674 sqft • RM 67.00 PSF

Dec 2022

RM 40,000

Level 3

674 sqft • RM 59.00 PSF

Aug 2022

RM 45,000

Level 2

674 sqft • RM 67.00 PSF

Jul 2022

RM 63,000

Level 1

912 sqft • RM 69.00 PSF

May 2022

RM 45,000

Level 3

674 sqft • RM 67.00 PSF

Jan 2022

Road	Price	Land PSF	Land	Date	Type
Level 1	RM 45,000	RM 67.00	674 sqft	Dec 2022	Condo/Apartment
Level 3	RM 40,000	RM 59.00	674 sqft	Aug 2022	Flat
Level 2	RM 45,000	RM 67.00	674 sqft	Jul 2022	Flat
Level 1	RM 63,000	RM 69.00	912 sqft	May 2022	Flat
Level 3	RM 45,000	RM 67.00	674 sqft	Jan 2022	Condo/Apartment