Jalan Gajah Berang in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM670K and a median price per square foot (PSF) of RM363.

This area contains both residential and commercial properties. View 1 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM670K, with most transactions falling within a stable range of RM540K to RM800K, and a typical market range of RM605K to RM735K.

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

For price per square foot, the median is RM363, with most transactions between RM344 and RM383. The usual range is RM333.86 to RM392.86, showing that most units are priced quite close to each other. With an IQR of RM59.00 and MAD of RM20, 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.