| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 2
|
RM 250,000
|
RM 179
|
1,399 sqft
|
|
Office |
|
Level 2
|
RM 260,000
|
RM 187
|
1,389 sqft
|
|
Shop |
|
Jalan Pekan Pulau Sebang
|
RM 850,000
|
RM 210
|
4,047 sqft
|
|
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Market Snapshot
CommercialRM 260,000
RM 187 psfMedian transaction price
2430, Jalan Besar, 78000 Alor Gajah, Melaka, Malaysia
MapsPekan 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 250K to RM 541K, and a typical market range of RM 250K to RM 527K.
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 174 and RM 200. The usual range is RM 52.50 to RM 322.00, showing that most units are priced quite close to each other. With an IQR of RM 269.50 and MAD of RM 13, 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.