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Market Snapshot
ResidentialRM 195,000
RM 124 psfMedian transaction price
Taman wira indah, 78100 Lubok China, Melaka, Malaysia
MapsTaman Wira Indah in Alor Gajah, Melaka recorded 0 subsale transactions in 2021, with a median price of RM 195K and a median price per square foot (PSF) of RM 124.
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 195K, with most transactions falling within a stable range of RM 160K to RM 230K, and a typical market range of RM 170K to RM 220K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
The median PSF stands at RM 124, with core pricing between RM 108 and RM 140. Market pricing typically extends from RM 109.00 to RM 139.00, reflecting moderate variation in unit pricing. With an IQR of RM 30.00 and MAD of RM 16, the PSF demonstrates reasonable consistency across the market.
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.