Melaka
Alor Gajah
Kelemak
TAMAN MEWAH

TAMAN MEWAH

Area Intelligence

2023

Median Price

RM 41,500

PSF: RM 62

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Residential PSF Trends

Median Price

RM 41,500

PSF: RM 62

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.

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TAMAN MEWAH, Alor Gajah, Melaka

OSM

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Transactions

4 transactions found

Popular Ranges

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

Custom Range

Min Price (RM)

Max Price (RM)

Clear

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

Min Size (sqft)

Max Size (sqft)

Clear

RM 37,000

Level 2

674 sqft • RM 55.00 PSF

Oct 2023

RM 42,000

Level 1

674 sqft • RM 62.00 PSF

Sep 2023

RM 80,000

Level G

780 sqft • RM 103.00 PSF

Jun 2023

RM 41,000

Level 2

674 sqft • RM 61.00 PSF

Mar 2023

Road	Price	Land PSF	Land	Date	Type
Level 2	RM 37,000	RM 55.00	674 sqft	Oct 2023	Flat
Level 1	RM 42,000	RM 62.00	674 sqft	Sep 2023	Condo/Apartment
Level G	RM 80,000	RM 103.00	780 sqft	Jun 2023	Flat
Level 2	RM 41,000	RM 61.00	674 sqft	Mar 2023	Flat