TAMAN PULAU SEBANG INDAH in Alor Gajah, Melaka recorded 2 subsale transactions in 2024, with a median price of RM 515K and a median price per square foot (PSF) of RM 103.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 515K, with most transactions falling within a stable range of RM 420K to RM 610K, and a typical market range of RM 439K to RM 591K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with minimal variety in property types.
For price per square foot, the median is RM 103, with most transactions between RM 93 and RM 113. The usual range is RM 96.63 to RM 109.38, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 12.75 and an average deviation (MAD) of RM 10 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.