Melaka
Alor Gajah
Sg Baru Ulu
TAMAN MAJU JAYA

TAMAN MAJU JAYA

Area Intelligence

2022

Median Price

RM 180,000

PSF: RM 107

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Residential PSF Trends

Median Price

RM 180,000

PSF: RM 107

TAMAN MAJU JAYA in Alor Gajah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 180K and a median price per square foot (PSF) of RM 107.

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 180K, with most transactions falling within a stable range of RM 150K to RM 210K, and a typical market range of RM 153K to RM 208K.

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

The median PSF stands at RM 107, with core pricing between RM 94 and RM 120. Market pricing typically extends from RM 91.17 to RM 122.67, reflecting moderate variation in unit pricing. With an IQR of RM 31.50 and MAD of RM 13, the PSF demonstrates reasonable consistency across the market.

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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MAJU JAYA, Alor Gajah, Melaka

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