TAMAN BIDARA PALMA in Alor Gajah, Melaka recorded 0 6-Storey Shop properties subsale transactions between 2021 and 2025 for 6-storey shop properties, with a median price of RM 220K and a median price per square foot (PSF) of RM 137.
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 220K, with most transactions falling within a stable range of RM 170K to RM 270K, and a typical market range of RM 171K to RM 269K.
Within the 6-Storey Shop category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.
Price per square foot shows a median of RM 137, though individual units vary from RM 99 to RM 175 in the core range. The broader market spans RM 103.00 to RM 171.00, indicating diverse property characteristics. A wider spread (IQR: RM 68.00) and deviation (MAD: RM 38) indicate significant PSF variations, likely due to diverse property types or conditions.
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.
