TAMAN KOMPANG RIA in Alor Gajah, Melaka recorded 1 subsale transactions in 2022, with a median price of RM 260K and a median price per square foot (PSF) of RM 81.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 260K, with most transactions falling within a stable range of RM 200K to RM 320K, and a typical market range of RM 230K to RM 290K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with minimal variety in property types.
Price per square foot shows a median of RM 81, though individual units vary from RM 61 to RM 102 in the core range. The broader market spans RM 70.75 to RM 91.25, indicating diverse property characteristics. A wider spread (IQR: RM 20.50) and deviation (MAD: RM 21) indicate significant PSF variations, likely due to diverse property types or conditions.
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.