TAMAN MASJID TANAH RIA

TAMAN MASJID TANAH RIA in Alor Gajah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 270K and a median price per square foot (PSF) of RM 215.

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 270K, with most transactions falling within a stable range of RM 220K to RM 320K, and a typical market range of RM 250K to RM 290K.

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

The median PSF stands at RM 215, with core pricing between RM 184 and RM 246. Market pricing typically extends from RM 184.00 to RM 246.00, reflecting moderate variation in unit pricing. With an IQR of RM 62.00 and MAD of RM 31, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.