RUM AWAM SERI GADEK

RUM AWAM SERI GADEK in Alor Gajah, Melaka recorded 2 subsale transactions in 2021, with a median price of RM 118K and a median price per square foot (PSF) of RM 57.

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 118K, with most transactions falling within a stable range of RM 85K to RM 150K, and a typical market range of RM 104K to RM 131K.

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

Price per square foot shows a median of RM 57, though individual units vary from RM 42 to RM 71 in the core range. The broader market spans RM 41.13 to RM 71.88, indicating diverse property characteristics. A wider spread (IQR: RM 30.75) and deviation (MAD: RM 15) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.