| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Ap 8
|
RM 330,000
|
RM 222
|
1,485 sqft
|
|
|
|
Jalan Ap 21
|
RM 280,000
|
RM 188
|
1,485 sqft
|
|
|
Jalan Ap 20
|
RM 480,000
|
RM 150
|
3,197 sqft
|
|
|
|
Jalan Ap 20
|
RM 480,000
|
RM 150
|
3,197 sqft
|
|
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Market Snapshot
ResidentialRM 405,000
RM 169 psfMedian transaction price
Crystal Bay Melaka, 27, jalan ap 1, Taman Alai Perdana, 75460 Alai, Melaka, Malaysia
MapsTaman Alai Perdana (Cristal Bay) in Melaka Tengah, Melaka recorded 4 subsale transactions in 2021, with a median price of RM 405K and a median price per square foot (PSF) of RM 169.
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 405K, with most transactions falling within a stable range of RM 316K to RM 480K, and a typical market range of RM 280K to RM 480K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.
The median PSF stands at RM 169, with core pricing between RM 139 and RM 199. Market pricing typically extends from RM 130.82 to RM 207.82, reflecting moderate variation in unit pricing. The spread of RM 77.00 (IQR) and deviation of RM 30 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.