| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Wira Indah 10
|
RM 195,000
|
RM 134
|
1,453 sqft
|
|
|
|
Jalan Wira Indah 11
|
RM 180,000
|
RM 124
|
1,453 sqft
|
|
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Market Snapshot
ResidentialRM 187,500
RM 129 psfMedian transaction price
Taman wira indah, 78100 Lubok China, Melaka, Malaysia
MapsTaman Wira Indah in Alor Gajah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 188K and a median price per square foot (PSF) of RM 129.
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 188K, with most transactions falling within a stable range of RM 180K to RM 195K, and a typical market range of RM 180K to RM 195K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 129, with most transactions between RM 124 and RM 134. The usual range is RM 114.03 to RM 144.03, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 30.00 and an average deviation (MAD) of RM 5 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.