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Market Snapshot
ResidentialRM 280,000
RM 202 psfMedian transaction price
Taman Masjid Tanah, 78300 Masjid Tanah, Melaka, Malaysia
MapsTaman Masjid Tanah in Alor Gajah, Melaka recorded 0 subsale transactions in 2021, with a median price of RM 280K and a median price per square foot (PSF) of RM 202.
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 280K, with most transactions falling within a stable range of RM 240K to RM 320K, and a typical market range of RM 241K to RM 319K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 202, with core pricing between RM 164 and RM 239. Market pricing typically extends from RM 169.75 to RM 233.25, reflecting moderate variation in unit pricing. The spread of RM 63.50 (IQR) and deviation of RM 38 (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. Limited transaction history suggests carefully evaluating comparable sales data.