Melaka
Alor Gajah
Sg Baru Tengah
TAMAN BIDARA PALMA

TAMAN BIDARA PALMA

Area Intelligence

2022

Median Price

RM 250,000

PSF: RM 109

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Residential PSF Trends

Median Price

RM 250,000

PSF: RM 109

TAMAN BIDARA PALMA in Alor Gajah, Melaka recorded 13 subsale transactions in 2022, with a median price of RM 250K and a median price per square foot (PSF) of RM 109.

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 250K, with most transactions falling within a stable range of RM 312K to RM 309K, and a typical market range of RM 312K to RM 299K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 109, with core pricing between RM 97 and RM 121. Market pricing typically extends from RM 75.30 to RM 143.30, reflecting moderate variation in unit pricing. With an IQR of RM 68.00 and MAD of RM 12, the PSF demonstrates reasonable consistency across the market.

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 BIDARA PALMA, Alor Gajah, Melaka

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