|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Jalan Besar Pulau Sebang
|
RM 1,800,000
|
RM 489
|
3,681 sqft
|
|
4-Sty Shop |
| 2022 | |||||
|
Jalan Besar
|
RM 1,200,000
|
RM 176
|
6,814 sqft
|
|
4-Sty Shop |
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Market Snapshot
CommercialRM 1,500,000
RM 333 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 from RM 1.00 million and above, with a median price of RM 1.50 million and a median price per square foot (PSF) of RM 333.
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 1.50 million, with most transactions falling within a stable range of RM 1.20 million to RM 1.80 million, and a typical market range of RM 1.23 million to RM 1.77 million.
Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.
Price per square foot shows a median of RM 333, though individual units vary from RM 176 to RM 489 in the core range. The broader market spans RM 197.79 to RM 467.29, indicating diverse property characteristics. A wider spread (IQR: RM 269.50) and deviation (MAD: RM 156) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.