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Market Snapshot
ResidentialRM 140,000
RM 118 psfMedian transaction price
997, Jalan Awan Biru 4, Kampung Gajah Mati, 78000 Alor Gajah, Melaka, Malaysia
MapsTaman Awan Biru (Pakr Sungai Petai) in Alor Gajah, Melaka recorded 0 subsale transactions in 2021, with a median price of RM 140K and a median price per square foot (PSF) of RM 118.
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 140K, with most transactions falling within a stable range of RM 130K to RM 150K, and a typical market range of RM 130K to RM 150K.
Most transactions involved low-cost house, with minimal variety in property types.
The median PSF stands at RM 118, with core pricing between RM 106 and RM 130. Market pricing typically extends from RM 107.13 to RM 128.88, reflecting moderate variation in unit pricing. With an IQR of RM 21.75 and MAD of RM 12, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.