Taman Rakyat (Pulau Sebang) in Alor Gajah, Melaka recorded 3 subsale transactions between 2021 and 2026, with a median price of RM170K and a median price per square foot (PSF) of RM110.

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 RM170K, with most transactions falling within a stable range of RM160K to RM180K, and a typical market range of RM160K to RM180K.

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

For price per square foot, the median is RM110, with most transactions between RM104 and RM116. The usual range is RM103.94 to RM116.94, showing that most units are priced quite close to each other. A typical spread (IQR) of RM13.00 and an average deviation (MAD) of RM6 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. Limited transaction history suggests carefully evaluating comparable sales data.