Taman Meranti Lestari in Alor Gajah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM343K and a median price per square foot (PSF) of RM223.

This area contains both residential and commercial properties. View 7 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM343K, with most transactions falling within a stable range of RM255K to RM430K, and a typical market range of RM289K to RM396K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

For price per square foot, the median is RM223, with most transactions between RM213 and RM232. The usual range is RM220.97 to RM224.72, showing that most units are priced quite close to each other. A typical spread (IQR) of RM3.75 and an average deviation (MAD) of RM9 indicate a highly stable PSF trend across properties.

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.