Melaka
Alor Gajah
Sg Petai
TAMAN SUNGAI. PETAI BAHAGIA

TAMAN SUNGAI. PETAI BAHAGIA

Area Intelligence

2022

Median Price

RM 843,000

PSF: RM 167

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TAMAN SUNGAI. PETAI BAHAGIA in Alor Gajah, Melaka recorded 2 subsale transactions in 2022, priced between RM 500K and RM 1.00 million, with a median price of RM 843K and a median price per square foot (PSF) of RM 167.

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 843K, with most transactions falling within a stable range of RM 798K to RM 888K, and a typical market range of RM 798K 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 167, with most transactions between RM 154 and RM 180. The usual range is RM 99.00 to RM 235.00, showing that most units are priced quite close to each other. With an IQR of RM 136.00 and MAD of RM 13, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SUNGAI. PETAI BAHAGIA, Alor Gajah, Melaka

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