RUM AWAM KEMUNING

RUM AWAM KEMUNING in Alor Gajah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 58K and a median price per square foot (PSF) of RM 50.

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 58K, with most transactions falling within a stable range of RM 49K to RM 67K, and a typical market range of RM 42K to RM 73K.

Most transactions involved low-cost house, with minimal variety in property types.

The median PSF stands at RM 50, with core pricing between RM 42 and RM 57. Market pricing typically extends from RM 36.00 to RM 63.00, reflecting moderate variation in unit pricing. The spread of RM 27.00 (IQR) and deviation of RM 8 (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.