Melaka
Alor Gajah
Pulau Sebang
TAMAN PEGOH BARU

TAMAN PEGOH BARU

Area Intelligence

2023

Median Price

RM 115,000

PSF: RM 92

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Residential PSF Trends

Median Price

RM 115,000

PSF: RM 92

TAMAN PEGOH BARU in Alor Gajah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 115K and a median price per square foot (PSF) of RM 92.

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 115K, with most transactions falling within a stable range of RM 110K to RM 120K, and a typical market range of RM 110K to RM 120K.

Most transactions involved low-cost house, with minimal variety in property types.

For price per square foot, the median is RM 92, with most transactions between RM 84 and RM 100. The usual range is RM 87.25 to RM 96.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 9.50 and an average deviation (MAD) of RM 8 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PEGOH BARU, Alor Gajah, Melaka

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