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 684K to RM 982K, 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.

For price per square foot, the median is RM 156, with most transactions between RM 143 and RM 168. The usual range is RM 139.63 to RM 171.38, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 31.75 and an average deviation (MAD) of RM 13 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.