| Road | Price | PSF | Size | Date | Type |
|---|
|
Selasih 3
|
RM 180,000
|
RM 117
|
1,539 sqft
|
|
|
|
Jalan Selasih
|
RM 190,000
|
RM 123
|
1,539 sqft
|
|
|
|
Selesih 3
|
RM 200,000
|
RM 130
|
1,539 sqft
|
|
|
Jalan Selasih 1
|
RM 130,000
|
RM 76
|
1,711 sqft
|
|
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Market Snapshot
ResidentialRM 185,000
RM 120 psfMedian transaction price
Taman Seri Bayu, 78000 Alor Gajah, Melaka, Malaysia
MapsTaman Seri Bayu in Alor Gajah, Melaka recorded 4 subsale transactions in 2023, with a median price of RM 185K and a median price per square foot (PSF) of RM 120.
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 185K, with most transactions falling within a stable range of RM 158K to RM 200K, and a typical market range of RM 130K to RM 200K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 120, with core pricing between RM 99 and RM 141. Market pricing typically extends from RM 105.19 to RM 135.19, reflecting moderate variation in unit pricing. The spread of RM 30.00 (IQR) and deviation of RM 21 (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.