TAMAN PAYA MENGKUANG in Alor Gajah, Melaka recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 210K and a median price per square foot (PSF) of RM 99.
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 210K, with most transactions falling within a stable range of RM 170K to RM 250K, and a typical market range of RM 171K to RM 249K.
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 99, though individual units vary from RM 77 to RM 121 in the core range. The broader market spans RM 69.50 to RM 127.50, indicating diverse property characteristics. The spread of RM 58.00 (IQR) and deviation of RM 22 (MAD) suggest moderate price variations reflecting different property features.
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.