Melaka
Alor Gajah
Sg Petai
TAMAN SUNGAI. PETAI BAHAGIA

TAMAN SUNGAI. PETAI BAHAGIA

Area Intelligence

2022

Median Price

RM 798,000

PSF: RM 175

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TAMAN SUNGAI. PETAI BAHAGIA in Alor Gajah, Melaka recorded 3 subsale transactions in 2022, with a median price of RM 798K and a median price per square foot (PSF) of RM 175.

This area contains both residential and commercial properties. View 1 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 798K, with most transactions falling within a stable range of RM 525K to RM 888K, and a typical market range of RM 644K to RM 888K.

Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.

For price per square foot, the median is RM 175, with most transactions between RM 164 and RM 186. The usual range is RM 107.41 to RM 243.41, showing that most units are priced quite close to each other. With an IQR of RM 136.00 and MAD of RM 11, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SUNGAI. PETAI BAHAGIA, Alor Gajah, Melaka

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