TMN PENGKALAN INDAH

TMN 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 15 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 130K to RM 198K.

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 115.00 to RM 169.00, reflecting moderate variation in unit pricing. The spread of RM 54.00 (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.