TAMAN BIDARA PALMA

TAMAN BIDARA PALMA in Alor Gajah, Melaka recorded 10 subsale transactions in 2023, with a median price of RM 215K and a median price per square foot (PSF) of RM 161.

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 215K, with most transactions falling within a stable range of RM 168K to RM 262K, and a typical market range of RM 167K to RM 263K.

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

Price per square foot shows a median of RM 161, though individual units vary from RM 128 to RM 194 in the core range. The broader market spans RM 127.00 to RM 195.00, indicating diverse property characteristics. The spread of RM 68.00 (IQR) and deviation of RM 33 (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.