TAMAN BIDARA PALMA

TAMAN BIDARA PALMA in Alor Gajah, Melaka recorded 8 Low-Cost House properties subsale transactions between 2021 and 2025 for low-cost house properties, with a median price of RM 140K and a median price per square foot (PSF) of RM 114.

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 140K, with most transactions falling within a stable range of RM 110K to RM 170K, and a typical market range of RM 92K to RM 180K.

Within the Low-Cost House category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 114, with core pricing between RM 94 and RM 133. Market pricing typically extends from RM 79.50 to RM 147.50, reflecting moderate variation in unit pricing. The spread of RM 68.00 (IQR) and deviation of RM 19 (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.