TAMAN SUNGAI BARU ULU in Alor Gajah, Melaka recorded 1 subsale transactions in 2023, with a median price of RM 155K and a median price per square foot (PSF) of RM 101.
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 155K, with most transactions falling within a stable range of RM 123K to RM 188K, and a typical market range of RM 139K to RM 171K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
Price per square foot shows a median of RM 101, though individual units vary from RM 80 to RM 122 in the core range. The broader market spans RM 90.50 to RM 111.50, indicating diverse property characteristics. The spread of RM 21.00 (IQR) and deviation of RM 21 (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.