TAMAN MERANTI LESTARI in Alor Gajah, Melaka recorded 3 subsale transactions in 2023, with a median price of RM 245K and a median price per square foot (PSF) of RM 209.
This area contains both residential and commercial properties. View 7 residential properties or 3 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 245K, with most transactions falling within a stable range of RM 230K to RM 260K, and a typical market range of RM 192K to RM 298K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
For price per square foot, the median is RM 209, with most transactions between RM 206 and RM 212. The usual range is RM 207.13 to RM 210.88, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 3.75 and an average deviation (MAD) of RM 3 indicate a highly stable PSF trend across properties.
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.
