Taman Anjung Ayer Pa'abas

78000 Alor Gajah, Malacca, Malaysia

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Market Snapshot

Residential

RM 162,000

RM 81 psf

Median transaction price

Taman Anjung Ayer Pa'abas in Alor Gajah, Melaka recorded 0 subsale transactions in 2021, with a median price of RM 162K and a median price per square foot (PSF) of RM 81.

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 162K, with most transactions falling within a stable range of RM 100K to RM 224K, and a typical market range of RM 122K to RM 202K.

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 81, though individual units vary from RM 44 to RM 118 in the core range. The broader market spans RM 55.00 to RM 107.00, 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. Limited transaction history suggests carefully evaluating comparable sales data.