RESIDENSI PR1MA PULAU SEBANG in Alor Gajah, Melaka recorded 37 subsale transactions in 2021, with a median price of RM 164K and a median price per square foot (PSF) of RM 115.
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 164K, with most transactions falling within a stable range of RM 157K to RM 171K, and a typical market range of RM 149K to RM 179K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 115, with most transactions between RM 111 and RM 119. The usual range is RM 109.25 to RM 120.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 11.50 and an average deviation (MAD) of RM 4 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Moderate transaction volume may require patience when buying or selling.