TAMAN ANJUNG AYER PA'ABAS in Alor Gajah, Melaka recorded 60 subsale transactions in 2024, with a median price of RM 150K and a median price per square foot (PSF) of RM 80.
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 150K, with most transactions falling within a stable range of RM 87K to RM 213K, and a typical market range of RM 110K to RM 189K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
Price per square foot shows a median of RM 80, though individual units vary from RM 44 to RM 117 in the core range. The broader market spans RM 54.00 to RM 106.00, indicating diverse property characteristics. A wider spread (IQR: RM 52.00) and deviation (MAD: RM 37) indicate significant PSF variations, likely due to diverse property types or conditions.
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. Moderate transaction volume may require patience when buying or selling.
