TAMAN INDAH (SUNGAIUDANG)

TAMAN INDAH (SUNGAIUDANG) in Alor Gajah, Melaka recorded 22 subsale transactions in 2023, with a median price of RM 283K and a median price per square foot (PSF) of RM 191.

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 283K, with most transactions falling within a stable range of RM 253K to RM 313K, and a typical market range of RM 235K to RM 330K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 191, with most transactions between RM 175 and RM 207. The usual range is RM 173.50 to RM 208.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 35.00 and an average deviation (MAD) of RM 16 indicate a highly stable PSF trend across properties.

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. Moderate transaction volume may require patience when buying or selling.