| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Cahaya Mas 3
|
RM 107,000
|
RM 90
|
1,195 sqft
|
|
|
|
Lorong Cahaya Mas 11
|
RM 125,000
|
RM 105
|
1,195 sqft
|
|
|
Lorong Cahaya Mas 1
|
RM 280,000
|
RM 161
|
1,744 sqft
|
|
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Market Snapshot
ResidentialRM 125,000
RM 105 psfMedian transaction price
124, Lorong Cahaya Mas 3, 78300 Masjid Tanah, Melaka, Malaysia
MapsTaman Seri Cahaya Mas in Alor Gajah, Melaka recorded 3 subsale transactions between 2021 and 2026, with a median price of RM 125K and a median price per square foot (PSF) of RM 105.
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 125K, with most transactions falling within a stable range of RM 107K to RM 203K, and a typical market range of RM 107K to RM 194K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
Price per square foot shows a median of RM 105, though individual units vary from RM 74 to RM 135 in the core range. The broader market spans RM 76.62 to RM 132.62, indicating diverse property characteristics. A wider spread (IQR: RM 56.00) and deviation (MAD: RM 31) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.