TAMAN MELAKA PERDANA

TAMAN MELAKA PERDANA in Alor Gajah, Melaka recorded 7 subsale transactions in 2023, sized between 1,000 and 2,000 sqft, with a median price of RM 270K and a median price per square foot (PSF) of RM 207.

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 270K, with most transactions falling within a stable range of RM 219K to RM 321K, and a typical market range of RM 218K to RM 323K.

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

Price per square foot shows a median of RM 207, though individual units vary from RM 165 to RM 250 in the core range. The broader market spans RM 181.80 to RM 232.80, indicating diverse property characteristics. The spread of RM 51.00 (IQR) and deviation of RM 43 (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.