Selling in Rum Awam Kemuning? Homes here sold for a median of RM63,000.
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Market Snapshot
ResidentialRM63,000
RM54 psfMedian transaction price
Taman Rumah Awam, 78000 Alor Gajah, Melaka, Malaysia
MapsRum Awam Kemuning in Alor Gajah, Melaka recorded 1 subsale transactions in 2022, with a median price of RM63K and a median price per square foot (PSF) of RM54.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved low-cost house, with minimal variety in property types.
For price per square foot, the median is RM54, with most transactions between RM54 and RM54. The usual range is RM33.44 to RM74.94, showing that most units are priced quite close to each other. A typical spread (IQR) of RM41.50 and an average deviation (MAD) of RM0 indicate a highly stable PSF trend across properties.
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.