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Market Snapshot
ResidentialRM 202,500
RM 132 psfMedian transaction price
Taman Permai, 78300 Masjid Tanah, Melaka, Malaysia
MapsTaman Permai in Alor Gajah, Melaka recorded 0 subsale transactions in 2021, with a median price of RM 203K and a median price per square foot (PSF) of RM 132.
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 203K, with most transactions falling within a stable range of RM 190K to RM 215K, and a typical market range of RM 196K to RM 209K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 132, with most transactions between RM 123 and RM 140. The usual range is RM 127.25 to RM 135.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 8.50 and an average deviation (MAD) of RM 9 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.