TAMAN WIRA INDAH in Alor Gajah, Melaka recorded 1 subsale transactions in 2021, with a median price of RM 205K and a median price per square foot (PSF) of RM 147.
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 205K, with most transactions falling within a stable range of RM 160K to RM 250K, and a typical market range of RM 169K to RM 241K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
The median PSF stands at RM 147, with core pricing between RM 125 and RM 169. Market pricing typically extends from RM 121.50 to RM 172.50, reflecting moderate variation in unit pricing. With an IQR of RM 51.00 and MAD of RM 22, the PSF demonstrates reasonable consistency across the market.
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.