TAMAN PENGKALAN INDAH

Area Intelligence
2023
Median Price
RM 164,000
PSF: RM 142

Residential PSF Trends

Median Price

RM 164,000

PSF: RM 142

Commercial PSF Trends

Median Price

RM 375,000

RM 244 PSF

TAMAN PENGKALAN INDAH in Alor Gajah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 164K and a median price per square foot (PSF) of RM 142.

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 164K, with most transactions falling within a stable range of RM 130K to RM 198K, and a typical market range of RM 132K to RM 197K.

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

The median PSF stands at RM 142, with core pricing between RM 118 and RM 166. Market pricing typically extends from RM 117.00 to RM 167.00, reflecting moderate variation in unit pricing. The spread of RM 50.00 (IQR) and deviation of RM 24 (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.

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TAMAN PENGKALAN INDAH, Alor Gajah, Melaka

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Transactions

2 transactions grouped by size

1,100 sqft
Low-Cost House
RM 130,000
JALAN INDAH 16
1,098 sqft · RM 118 PSF
1,200 sqft
Single Storey Terraced
RM 198,000
JALAN INDAH
1,195 sqft · RM 166 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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