TAMAN MELAKA PERDANA

TAMAN MELAKA PERDANA in Alor Gajah, Melaka recorded 2 subsale transactions in 2021, with a median price of RM 423K and a median price per square foot (PSF) of RM 209.

This area contains both residential and commercial properties. View 19 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 423K, with most transactions falling within a stable range of RM 200K to RM 645K, and a typical market range of RM 370K to RM 475K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

For price per square foot, the median is RM 209, with most transactions between RM 191 and RM 227. The usual range is RM 183.50 to RM 234.50, showing that most units are priced quite close to each other. With an IQR of RM 51.00 and MAD of RM 18, 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.