TAMAN ALAI PERDANA (CRISTAL BAY) in Melaka Tengah, Melaka recorded 8 subsale transactions between 2021 and 2025, with a median price of RM 105K and a median price per square foot (PSF) of RM 172.
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 105K, with most transactions falling within a stable range of RM -20,000 to RM 230K, and a typical market range of RM -34,375 to RM 244K.
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 172, though individual units vary from RM 135 to RM 209 in the core range. The broader market spans RM 131.88 to RM 212.13, indicating diverse property characteristics. The spread of RM 80.25 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
