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 228K to RM 337K, 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.

The median PSF stands at RM 191, with core pricing between RM 157 and RM 225. Market pricing typically extends from RM 173.50 to RM 208.50, reflecting moderate variation in unit pricing. The spread of RM 35.00 (IQR) and deviation of RM 34 (MAD) suggest moderate price variations reflecting different property features.

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.