PEKAN PULAU SEBANG

Area Intelligence
2024
Median Price
RM 260,000
PSF: RM 187

Commercial PSF Trends

Median Price

RM 260,000

RM 187 PSF

PEKAN PULAU SEBANG in Alor Gajah, Melaka recorded 3 subsale transactions in 2024, with a median price of RM 260K and a median price per square foot (PSF) of RM 187.

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 260K, with most transactions falling within a stable range of RM 255K 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 187, with most transactions between RM 183 and RM 191. The usual range is RM 52.25 to RM 321.75, 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.

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PEKAN PULAU SEBANG, Alor Gajah, Melaka

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Transactions

2 transactions grouped by size

1,400 sqft
RM 250,000
Level 2
1,399 sqft · RM 179 PSF
RM 260,000
Level 2
1,389 sqft · RM 187 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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