RUM AWAM SUNGAI PETAI in Alor Gajah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 133K and a median price per square foot (PSF) of RM 112.
This area contains both residential and commercial properties. View 8 residential properties or 2 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 133K, with most transactions falling within a stable range of RM 115K to RM 150K, and a typical market range of RM 121K to RM 144K.
Most transactions involved low-cost house, though some variety exists in the market.
The median PSF stands at RM 112, with core pricing between RM 94 and RM 131. Market pricing typically extends from RM 98.00 to RM 126.00, reflecting moderate variation in unit pricing. The spread of RM 28.00 (IQR) and deviation of RM 19 (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.
