Area Intelligence

RUM AWAM SG PETAI

2 properties
2023
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Median Price
RM 132,500
PSF: RM 112

Residential Market

Median Price

RM 132,500

IQR: RM 20
MAD: RM 15
RM 112 PSF 42.4%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 290,000

IQR: RM 7
MAD: RM 7
RM 189 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

RUM AWAM SG PETAI in Alor Gajah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 133K and a median price per square foot (PSF) of RM 112.

This area contains both residential and commercial properties. View 8 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 133K, with most transactions falling within a stable range of RM 115K to RM 150K, and a typical market range of RM 121K to RM 144K.

Most transactions involved low-cost house, though some variety exists in the market.

The median PSF stands at RM 112, with core pricing between RM 97 and RM 127. Market pricing typically extends from RM 98.00 to RM 126.00, reflecting moderate variation in unit pricing. With an IQR of RM 28.00 and MAD of RM 15, the PSF demonstrates reasonable consistency across the market.

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.

Area Location

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RUM AWAM SG PETAI, Alor Gajah, Melaka

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Transactions

2 properties grouped by size

1,200 sqft
2 units Low-Cost House
RM 150,000
BUNGA MELUR
1,184 sqft · RM 127.00 PSF
Sep 2023
RM 115,000
JALAN RUMAH AWAM SUNGAI PETAI
1,184 sqft · RM 97.00 PSF
Mar 2023