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Market Snapshot
ResidentialRM 45,000
RM 67 psfMedian transaction price
Taman Mewah Kelemak, 78000 Alor Gajah, Melaka, Malaysia
MapsTaman Mewah in Alor Gajah, Melaka recorded 0 subsale transactions in 2026, 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.
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 65 and RM 69. 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 2 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.