RUM AWAM ALOR GAJAH

RUM AWAM ALOR GAJAH in Alor Gajah, Melaka recorded 3 subsale transactions in 2022, with a median price of RM 80K and a median price per square foot (PSF) of RM 66.

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 80K, with most transactions falling within a stable range of RM 75K to RM 109K, and a typical market range of RM 75K to RM 96K.

Most transactions involved low-cost house, with minimal variety in property types.

Price per square foot shows a median of RM 66, though individual units vary from RM 35 to RM 97 in the core range. The broader market spans RM 49.25 to RM 82.75, indicating diverse property characteristics. A wider spread (IQR: RM 33.50) and deviation (MAD: RM 31) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.