TAMAN SERI BAYU in Alor Gajah, Melaka recorded 1 subsale transactions in 2022, with a median price of RM 120K and a median price per square foot (PSF) of RM 100.
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 120K, with most transactions falling within a stable range of RM 85K to RM 155K, and a typical market range of RM 91K to RM 149K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 100, with core pricing between RM 85 and RM 115. Market pricing typically extends from RM 82.13 to RM 117.88, reflecting moderate variation in unit pricing. The spread of RM 35.75 (IQR) and deviation of RM 15 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
