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Market Snapshot
CommercialRM 255,000
RM 183 psfMedian transaction price
2430, Jalan Besar, 78000 Alor Gajah, Melaka, Malaysia
MapsPekan Pulau Sebang in Alor Gajah, Melaka recorded 2 subsale transactions between 2021 and 2026, priced up to RM 300K, with a median price of RM 255K and a median price per square foot (PSF) of RM 183.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 255K, with most transactions falling within a stable range of RM 250K to RM 260K, and a typical market range of RM 250K to RM 260K.
Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.
For price per square foot, the median is RM 183, with most transactions between RM 179 and RM 187. The usual range is RM 48.20 to RM 317.70, showing that most units are priced quite close to each other. With an IQR of RM 269.50 and MAD of RM 4, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.