Area Intelligence

INDUSTRI ANGKASA NURI

2 properties
Double Storey Shop
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Median Price
RM 716,500
PSF: RM 412

Commercial Market

Median Price

RM 716,500

IQR: RM 26
MAD: RM 4
RM 412 PSF 1.1%

PSF Trends (2021-2025)

INDUSTRI ANGKASA NURI in Alor Gajah, Melaka recorded 2 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 717K and a median price per square foot (PSF) of RM 412.

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 717K, with most transactions falling within a stable range of RM 620K to RM 813K, and a typical market range of RM 620K to RM 813K.

Within the Double Storey Shop category, detached factory/warehouse dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 412, with most transactions between RM 403 and RM 420. The usual range is RM 399.75 to RM 423.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 23.50 and an average deviation (MAD) of RM 9 indicate a highly stable PSF trend across properties.

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.

Area Location

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INDUSTRI ANGKASA NURI, Alor Gajah, Melaka

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Transactions

2 properties grouped by size

1,550 sqft
1 units Double Storey Shop
RM 620,000
JALAN KOMERSIAL IAN 1
1,539 sqft · RM 403.00 PSF
Apr 2024
1,950 sqft
1 units Double Storey Shop
RM 813,000
JALAN KOMERSIAL IAN 2
1,938 sqft · RM 420.00 PSF
Jul 2024