Melaka
Alor Gajah
Sg Baru Ilir
TAMAN PAYA MENGKUANG

TAMAN PAYA MENGKUANG

Area Intelligence

2023

Median Price

RM 200,000

PSF: RM 104

Facebook X (Twitter)

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 310K to RM 220K, and a typical market range of RM 310K to RM 239K.

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

For price per square foot, the median is RM 104, with most transactions between RM 99 and RM 110. The usual range is RM 75.00 to RM 133.00, showing that most units are priced quite close to each other. With an IQR of RM 58.00 and MAD of RM 6, 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.

Loading map...

TAMAN PAYA MENGKUANG, Alor Gajah, Melaka

OSM