TAMAN 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 142.
This area contains both residential and commercial properties. View 6 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 140K to RM 240K, and a typical market range of RM 135K to RM 245K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
Price per square foot shows a median of RM 142, though individual units vary from RM 112 to RM 172 in the core range. The broader market spans RM 111.50 to RM 172.50, indicating diverse property characteristics. The spread of RM 61.00 (IQR) and deviation of RM 30 (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.
