| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 1
|
RM 135,000
|
RM 112
|
1,206 sqft
|
|
|
Jalan Ap 21
|
RM 350,000
|
RM 252
|
1,389 sqft
|
|
|
Jalan Ap 21
|
RM 300,000
|
RM 202
|
1,485 sqft
|
|
|
Lorong 1
|
RM 330,000
|
RM 199
|
1,658 sqft
|
|
|
Jalan Ap 13
|
RM 450,000
|
RM 141
|
3,197 sqft
|
|
|
Jalan Ap 8A
|
RM 490,000
|
RM 81
|
6,028 sqft
|
|
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Market Snapshot
ResidentialRM 330,000
RM 186 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 7 subsale transactions in 2023, with a median price of RM 330K and a median price per square foot (PSF) of RM 186.
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 330K, with most transactions falling within a stable range of RM 197K to RM 463K, and a typical market range of RM 180K to RM 480K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.
Price per square foot shows a median of RM 186, though individual units vary from RM 131 to RM 240 in the core range. The broader market spans RM 147.30 to RM 224.30, indicating diverse property characteristics. A wider spread (IQR: RM 77.00) and deviation (MAD: RM 55) indicate significant PSF variations, likely due to diverse property types or conditions.
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.