Taman Merak Mas in Alor Gajah, Melaka recorded 3 subsale transactions in 2021, with a median price of RM92K and a median price per square foot (PSF) of RM129.

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 RM92K, with most transactions falling within a stable range of RM90K to RM153K, and a typical market range of RM90K to RM183K.

Most transactions involved town house, with high diversity across multiple property types.

For price per square foot, the median is RM129, with most transactions between RM122 and RM136. The usual range is RM111.51 to RM145.77, showing that most units are priced quite close to each other. A typical spread (IQR) of RM34.25 and an average deviation (MAD) of RM7 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.