Melaka
Melaka Tengah
Alai
TAMAN ALAI PERDANA (CRISTAL BAY)

TAMAN ALAI PERDANA (CRISTAL BAY)

Area Intelligence

2021

Median Price

RM 305,000

PSF: RM 204

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Residential PSF Trends

Median Price

RM 305,000

PSF: RM 204

TAMAN ALAI PERDANA (CRISTAL BAY) in Melaka Tengah, Melaka recorded 2 subsale transactions in 2021, with a median price of RM 305K and a median price per square foot (PSF) of RM 204.

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 305K, with most transactions falling within a stable range of RM 280K to RM 330K, and a typical market range of RM 280K to RM 330K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.

For price per square foot, the median is RM 204, with most transactions between RM 187 and RM 221. The usual range is RM 163.88 to RM 244.13, showing that most units are priced quite close to each other. With an IQR of RM 80.25 and MAD of RM 17, the PSF demonstrates reasonable consistency across the market.

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.

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TAMAN ALAI PERDANA (CRISTAL BAY), Melaka Tengah, Melaka

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