PUSAT PERNIAGAAN GANGSA in Alor Gajah, Melaka recorded 4 subsale transactions in 2024, with a median price of RM 740K and a median price per square foot (PSF) of RM 287.
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 740K, with most transactions falling within a stable range of RM 591K to RM 889K, and a typical market range of RM 575K to RM 906K.
Most transactions involved semi-detached factory/warehouse, though some variety exists in the market.
For price per square foot, the median is RM 287, with most transactions between RM 275 and RM 300. The usual range is RM 271.13 to RM 302.88, 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.
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.
