| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Mengkuang
|
RM 290,000
|
RM 121
|
2,400 sqft
|
|
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Market Snapshot
ResidentialRM 245,000
RM 105 psfMedian transaction price
Taman Paya Mengkuang, 78300 Masjid Tanah, Melaka, Malaysia
MapsTaman Paya Mengkuang in Alor Gajah, Melaka recorded 2 subsale transactions in 2021, with a median price of RM 245K and a median price per square foot (PSF) of RM 105.
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 245K, with most transactions falling within a stable range of RM 200K to RM 290K, and a typical market range of RM 200K to RM 290K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 105, with core pricing between RM 89 and RM 121. Market pricing typically extends from RM 73.07 to RM 137.07, reflecting moderate variation in unit pricing. With an IQR of RM 64.00 and MAD of RM 16, 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.