PUSAT PERNIAGAAN GANGSA

PUSAT PERNIAGAAN GANGSA in Alor Gajah, Melaka recorded 12 subsale transactions in 2023, with a median price of RM 833K and a median price per square foot (PSF) of RM 156.

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 833K, with most transactions falling within a stable range of RM 618K to RM 1.06 million, and a typical market range of RM 667K to RM 998K.

Most transactions involved semi-detached factory/warehouse, though some variety exists in the market.

The median PSF stands at RM 156, with core pricing between RM 138 and RM 173. Market pricing typically extends from RM 139.63 to RM 171.38, reflecting moderate variation in unit pricing. With an IQR of RM 31.75 and MAD of RM 17, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.