Melaka
Alor Gajah
Sg Baru Ilir
TAMAN SERI REDAN

TAMAN SERI REDAN

Area Intelligence

2022

Median Price

RM 149,000

PSF: RM 67

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Residential PSF Trends

Median Price

RM 149,000

PSF: RM 67

Commercial PSF Trends

Median Price

RM 280,000

RM 210 PSF

TAMAN SERI REDAN in Alor Gajah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 149K and a median price per square foot (PSF) of RM 67.

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 149K, with most transactions falling within a stable range of RM 110K to RM 188K, and a typical market range of RM 112K to RM 187K.

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 67, though individual units vary from RM 52 to RM 82 in the core range. The broader market spans RM 47.00 to RM 87.00, indicating diverse property characteristics. The spread of RM 40.00 (IQR) and deviation of RM 15 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SERI REDAN, Alor Gajah, Melaka

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