TAMAN SUNGAIPETAI PERMAI in Alor Gajah, Melaka recorded 8 subsale transactions in 2023, with a median price of RM 340K and a median price per square foot (PSF) of RM 196.
This area contains both residential and commercial properties. View 12 residential properties or 5 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 340K, with most transactions falling within a stable range of RM 308K to RM 373K, and a typical market range of RM 216K to RM 464K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 196, with core pricing between RM 173 and RM 219. Market pricing typically extends from RM 119.75 to RM 272.25, reflecting moderate variation in unit pricing. With an IQR of RM 152.50 and MAD of RM 23, 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.
