|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2022 | |||||
|
Jalan Machap Bestari 7
|
RM 190,000
|
RM 115
|
1,647 sqft
|
|
Terrace |
|
Jalan Machap Bestari 2
|
RM 170,000
|
RM 142
|
1,195 sqft
|
|
Terrace |
|
Jalan Taman Machap Bestari
|
RM 300,000
|
RM 122
|
2,465 sqft
|
|
2-Sty Shop |
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Taman Machap Bestari, 76100 Alor Gajah, Malacca, Malaysia
MapsTaman Machap Bestari in Alor Gajah, Melaka recorded 3 subsale transactions in 2022, with a median price of RM 190K and a median price per square foot (PSF) of RM 122.
This area contains both residential and commercial properties. View 7 residential properties or 3 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 190K, with most transactions falling within a stable range of RM 170K to RM 247K, and a typical market range of RM 170K to RM 253K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 122, with most transactions between RM 110 and RM 133. The usual range is RM 86.84 to RM 156.58, showing that most units are priced quite close to each other. With an IQR of RM 69.75 and MAD of RM 11, the PSF demonstrates reasonable consistency across the market.
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.