TAMAN ANJUNG SUNGAI PETAI in Alor Gajah, Melaka recorded 34 subsale transactions in 2022, with a median price of RM 276K and a median price per square foot (PSF) of RM 172.
This area contains both residential and commercial properties. View 233 residential properties or 13 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 276K, with most transactions falling within a stable range of RM 225K to RM 327K, and a typical market range of RM 209K to RM 344K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 172, with core pricing between RM 146 and RM 198. Market pricing typically extends from RM 144.50 to RM 199.50, reflecting moderate variation in unit pricing. The spread of RM 55.00 (IQR) and deviation of RM 26 (MAD) suggest moderate price variations reflecting different property features.
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. Moderate transaction volume may require patience when buying or selling.
