TAMAN SERI KELEMAK

Area Intelligence
2021
Median Price
RM 172,000
PSF: RM 94

Residential PSF Trends

Median Price

RM 196,000

PSF: RM 103

Commercial PSF Trends

Median Price

RM 125,000

RM 81 PSF

TAMAN SERI KELEMAK in Alor Gajah, Melaka recorded 7 subsale transactions in 2021, with a median price of RM 172K and a median price per square foot (PSF) of RM 94.

This area contains both residential and commercial properties. View 30 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 172K, with most transactions falling within a stable range of RM 122K to RM 222K, and a typical market range of RM 133K to RM 211K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 94, though individual units vary from RM 66 to RM 122 in the core range. The broader market spans RM 64.50 to RM 123.50, indicating diverse property characteristics. A wider spread (IQR: RM 59.00) and deviation (MAD: RM 28) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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TAMAN SERI KELEMAK, Alor Gajah, Melaka

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