| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Masjid Tanah Ria 10
|
RM 220,000
|
RM 220
|
1,001 sqft
|
|
|
Jalan Mtr 1
|
RM 320,000
|
RM 256
|
1,249 sqft
|
|
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Taman Masjid Tanah Ria, 78300 Masjid Tanah, Melaka, Malaysia
MapsTaman 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 238.
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 245K to RM 295K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 238, with most transactions between RM 220 and RM 256. The usual range is RM 214.28 to RM 261.78, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 47.50 and an average deviation (MAD) of RM 18 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. 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.