Melaka
Alor Gajah
Sg Baru Ulu
TAMAN MASJID TANAH

TAMAN MASJID TANAH

Area Intelligence

2024

Median Price

RM 320,000

PSF: RM 171

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Residential PSF Trends

Median Price

RM 320,000

PSF: RM 171

TAMAN MASJID TANAH in Alor Gajah, Melaka recorded 2 subsale transactions in 2024, priced between RM 300K and RM 500K, with a median price of RM 320K and a median price per square foot (PSF) of RM 171.

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 320K, with most transactions falling within a stable range of RM 310K to RM 330K, and a typical market range of RM 310K to RM 330K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

For price per square foot, the median is RM 171, with most transactions between RM 155 and RM 187. The usual range is RM 133.43 to RM 208.43, showing that most units are priced quite close to each other. With an IQR of RM 75.00 and MAD of RM 16, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MASJID TANAH, Alor Gajah, Melaka

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