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Market Snapshot
ResidentialRM 353,000
RM 197 psfMedian transaction price
Jalan Gapam Bemban, 77200 Melaka, Malaysia
MapsTaman Serambi Gapam in Jasin, Melaka recorded 0 subsale transactions in 2022, with a median price of RM 353K and a median price per square foot (PSF) of RM 197.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 353K, with most transactions falling within a stable range of RM 265K to RM 442K, and a typical market range of RM 278K to RM 428K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 197, with core pricing between RM 160 and RM 234. Market pricing typically extends from RM 169.38 to RM 224.63, reflecting moderate variation in unit pricing. The spread of RM 55.25 (IQR) and deviation of RM 37 (MAD) suggest moderate price variations reflecting different property features.
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.