TAMAN SERI GAMELAN in Alor Gajah, Melaka recorded 17 subsale transactions in 2021, with a median price of RM 200K and a median price per square foot (PSF) of RM 118.
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 200K, with most transactions falling within a stable range of RM 180K to RM 220K, and a typical market range of RM 180K to RM 220K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
The median PSF stands at RM 118, with core pricing between RM 106 and RM 130. Market pricing typically extends from RM 104.75 to RM 131.25, reflecting moderate variation in unit pricing. With an IQR of RM 26.50 and MAD of RM 12, 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.