| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 2
|
RM 130,000
|
RM 189
|
689 sqft
|
|
|
|
Level 2
|
RM 120,000
|
RM 174
|
689 sqft
|
|
|
|
Level 1
|
RM 120,000
|
RM 174
|
689 sqft
|
|
|
|
Level 2
|
RM 115,000
|
RM 167
|
689 sqft
|
|
|
|
Level 1
|
RM 110,000
|
RM 153
|
721 sqft
|
|
|
|
Level 2
|
RM 110,000
|
RM 153
|
721 sqft
|
|
|
Level 1
|
RM 150,000
|
RM 205
|
732 sqft
|
|
|
|
Level 1
|
RM 133,000
|
RM 182
|
732 sqft
|
|
|
Jalan Seri Pelangi 5
|
RM 235,000
|
RM 163
|
1,442 sqft
|
|
|
Jalan Seri Pelangi 7
|
RM 290,000
|
RM 180
|
1,615 sqft
|
|
|
Off Lebuh Amj
|
RM 495,000
|
RM 224
|
2,207 sqft
|
|
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Market Snapshot
ResidentialRM 130,000
RM 174 psfMedian transaction price
Lot 4753 GMM 871, Lebuh AMJ, Kampung Sungai Petai, 78000 Alor Gajah, Melaka, Malaysia
MapsTaman Seri Pelangi in Alor Gajah, Melaka recorded 11 subsale transactions between 2021 and 2026, with a median price of RM 130K and a median price per square foot (PSF) of RM 174.
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 130K, with most transactions falling within a stable range of RM 110K to RM 243K, and a typical market range of RM 110K to RM 179K.
Most transactions involved town house, with moderate diversity in property types available.
The median PSF stands at RM 174, with core pricing between RM 154 and RM 195. Market pricing typically extends from RM 157.44 to RM 190.94, reflecting moderate variation in unit pricing. With an IQR of RM 33.50 and MAD of RM 21, 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.