TAMAN SUNGAIPETAI PERMAI in Alor Gajah, Melaka recorded 5 subsale transactions in 2022, with a median price of RM 280K and a median price per square foot (PSF) of RM 173.
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 280K, with most transactions falling within a stable range of RM 248K to RM 313K, and a typical market range of RM 156K to RM 404K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 173, with core pricing between RM 150 and RM 196. Market pricing typically extends from RM 96.75 to RM 249.25, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
