Melaka
Alor Gajah
Sg Baru Ilir
TAMAN PAYA MENGKUANG

TAMAN PAYA MENGKUANG

Area Intelligence

2023

Median Price

RM 200,000

PSF: RM 104

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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 125K to RM 287K, and a typical market range of RM 161K to RM 239K.

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 71 to RM 137 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 33) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PAYA MENGKUANG, Alor Gajah, Melaka

OSM

Track location

Transactions

5 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 160,000

LORONG 1

1,539 sqft • RM 104.00 PSF

Nov 2023

RM 125,000

LORONG 10

1,206 sqft • RM 104.00 PSF

Oct 2023

RM 310,000

TAMAN MENGKUANG III

3,746 sqft • RM 83.00 PSF

May 2023

RM 200,000

LORONG 7

1,206 sqft • RM 166.00 PSF

May 2023

RM 350,000

LORONG 5

4,865 sqft • RM 72.00 PSF

Jan 2023

Road	Price	Land PSF	Land	Date	Type
LORONG 1	RM 160,000	RM 104.00	1,539 sqft	Nov 2023	Single Storey Terraced
LORONG 10	RM 125,000	RM 104.00	1,206 sqft	Oct 2023	Single Storey Terraced
TAMAN MENGKUANG III	RM 310,000	RM 83.00	3,746 sqft	May 2023	Single Storey Semi-D
LORONG 7	RM 200,000	RM 166.00	1,206 sqft	May 2023	Single Storey Terraced
LORONG 5	RM 350,000	RM 72.00	4,865 sqft	Jan 2023	Single Storey Terraced