| 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
|
|
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Market Snapshot
ResidentialRM 116,000
RM 97 psfMedian transaction price
124, Lorong Cahaya Mas 3, 78300 Masjid Tanah, Melaka, Malaysia
MapsTaman Seri Cahaya Mas in Alor Gajah, Melaka recorded 2 subsale transactions in 2024, with a median price of RM 116K and a median price per square foot (PSF) of RM 97.
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 116K, with most transactions falling within a stable range of RM 107K to RM 125K, and a typical market range of RM 107K to RM 125K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 97, with most transactions between RM 90 and RM 105. The usual range is RM 69.09 to RM 125.09, showing that most units are priced quite close to each other. With an IQR of RM 56.00 and MAD of RM 8, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.