TAMAN SERI CAHAYA MAS

TAMAN SERI CAHAYA MAS in Alor Gajah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 250K and a median price per square foot (PSF) of RM 180.

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 250K, with most transactions falling within a stable range of RM 190K to RM 310K, and a typical market range of RM 190K to RM 310K.

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

The median PSF stands at RM 180, with core pricing between RM 159 and RM 201. Market pricing typically extends from RM 143.00 to RM 217.00, reflecting moderate variation in unit pricing. With an IQR of RM 74.00 and MAD of RM 21, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.