Melaka
Alor Gajah
Sg Baru Ilir
TAMAN SERI GAMELAN

TAMAN SERI GAMELAN

Area Intelligence

2023

Median Price

RM 260,000

PSF: RM 84

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Residential PSF Trends

Median Price

RM 260,000

PSF: RM 84

TAMAN SERI GAMELAN in Alor Gajah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 260K and a median price per square foot (PSF) of RM 84.

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 260K, with most transactions falling within a stable range of RM 240K to RM 280K, and a typical market range of RM 240K to RM 280K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 84, with most transactions between RM 80 and RM 88. The usual range is RM 70.75 to RM 97.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 26.50 and an average deviation (MAD) of RM 4 indicate a highly stable PSF trend across properties.

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 SERI GAMELAN, Alor Gajah, Melaka

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