TAMAN PAYA MENGKUANG

Area Intelligence
Median Price
RM 190,000
PSF: RM 117

Residential PSF Trends

Median Price

RM 190,000

PSF: RM 117

TAMAN PAYA MENGKUANG in Alor Gajah, Melaka recorded 13 subsale transactions between 2021 and 2025, with a median price of RM 190K and a median price per square foot (PSF) of RM 117.

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 190K, with most transactions falling within a stable range of RM 150K to RM 230K, and a typical market range of RM 151K to RM 229K.

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

The median PSF stands at RM 117, with core pricing between RM 95 and RM 139. Market pricing typically extends from RM 88.00 to RM 146.00, reflecting moderate variation in unit pricing. The spread of RM 58.00 (IQR) and deviation of RM 22 (MAD) suggest moderate price variations reflecting different property features.

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

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