Melaka
Alor Gajah
Sg Baru Ilir
TAMAN PAYA MENGKUANG

TAMAN PAYA MENGKUANG

Area Intelligence

2025

Median Price

RM 247,500

PSF: RM 144

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Residential PSF Trends

Median Price

RM 247,500

PSF: RM 144

TAMAN PAYA MENGKUANG in Alor Gajah, Melaka recorded 2 subsale transactions in 2025, with a median price of RM 248K and a median price per square foot (PSF) of RM 144.

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 248K, with most transactions falling within a stable range of RM 220K to RM 275K, and a typical market range of RM 220K to RM 275K.

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 144, though individual units vary from RM 108 to RM 179 in the core range. The broader market spans RM 114.50 to RM 172.50, indicating diverse property characteristics. The spread of RM 58.00 (IQR) and deviation of RM 36 (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.

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TAMAN PAYA MENGKUANG, Alor Gajah, Melaka

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