Melaka
Alor Gajah
Sg Baru Ilir
TAMAN PAYA MENGKUANG

TAMAN PAYA MENGKUANG

Area Intelligence

Median Price

RM 330,000

PSF: RM 78

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Residential PSF Trends

Median Price

RM 330,000

PSF: RM 78

TAMAN PAYA MENGKUANG in Alor Gajah, Melaka recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 330K and a median price per square foot (PSF) of RM 78.

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 330K, with most transactions falling within a stable range of RM 310K to RM 350K, and a typical market range of RM 310K to RM 350K.

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 78, with most transactions between RM 72 and RM 83. The usual range is RM 48.50 to RM 106.50, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PAYA MENGKUANG, Alor Gajah, Melaka

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