TAMAN SERI REDAN

Area Intelligence
2023
Median Price
RM 200,000
PSF: RM 167

Residential PSF Trends

Median Price

RM 150,000

PSF: RM 126

Commercial PSF Trends

Median Price

RM 280,000

RM 210 PSF

TAMAN SERI REDAN in Alor Gajah, Melaka recorded 5 subsale transactions in 2023, with a median price of RM 200K and a median price per square foot (PSF) of RM 167.

This area contains both residential and commercial properties. View 9 residential properties or 2 commercial properties separately for more focused analysis.

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 162K to RM 238K, and a typical market range of RM 163K to RM 238K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 167, though individual units vary from RM 133 to RM 201 in the core range. The broader market spans RM 147.00 to RM 187.00, indicating diverse property characteristics. The spread of RM 40.00 (IQR) and deviation of RM 34 (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 SERI REDAN, Alor Gajah, Melaka

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