TAMAN PAYA MENGKUANG

Area Intelligence
2023
Median Price
RM 200,000
PSF: RM 104

Residential PSF Trends

Median Price

RM 200,000

PSF: RM 104

TAMAN PAYA MENGKUANG in Alor Gajah, Melaka recorded 5 subsale transactions in 2023, with a median price of RM 200K and a median price per square foot (PSF) of RM 104.

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 200K, with most transactions falling within a stable range of RM 169K to RM 200K, and a typical market range of RM 161K to RM 200K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 104, though individual units vary from RM 75 to RM 133 in the core range. The broader market spans RM 75.00 to RM 133.00, indicating diverse property characteristics. A wider spread (IQR: RM 58.00) and deviation (MAD: RM 29) 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.

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TAMAN PAYA MENGKUANG, Alor Gajah, Melaka

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Transactions

3 transactions found

RM 160,000
LORONG 1
1,539 sqft RM 104.00 PSF
RM 125,000
LORONG 10
1,206 sqft RM 104.00 PSF
RM 200,000
LORONG 7
1,206 sqft RM 166.00 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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