TAMAN UJONG PADANG LESTARI

TAMAN UJONG PADANG LESTARI in Alor Gajah, Melaka recorded 3 subsale transactions in 2024, with a median price of RM 440K and a median price per square foot (PSF) of RM 134.

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 440K, with most transactions falling within a stable range of RM 340K to RM 533K, and a typical market range of RM 353K to RM 527K.

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

Price per square foot shows a median of RM 134, though individual units vary from RM 96 to RM 172 in the core range. The broader market spans RM 97.13 to RM 170.88, indicating diverse property characteristics. A wider spread (IQR: RM 73.75) and deviation (MAD: RM 38) indicate significant PSF variations, likely due to diverse property types or conditions.

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.