Melaka
Alor Gajah
Machap
TAMAN MACHAP BESTARI

TAMAN MACHAP BESTARI

Area Intelligence

2023

Median Price

RM 205,000

PSF: RM 158

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Residential PSF Trends

Median Price

RM 190,000

PSF: RM 143

Commercial PSF Trends

Median Price

RM 325,000

RM 211 PSF

TAMAN MACHAP BESTARI in Alor Gajah, Melaka recorded 4 subsale transactions in 2023, with a median price of RM 205K and a median price per square foot (PSF) of RM 158.

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.

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 158, with most transactions between RM 158 and RM 158. The usual range is RM 127.50 to RM 188.50, showing that most units are priced quite close to each other. With an IQR of RM 61.00 and MAD of RM 0, 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.

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TAMAN MACHAP BESTARI, Alor Gajah, Melaka

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