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Market Snapshot
CommercialRM 880,000
RM 572 psfMedian transaction price
No 30, Jalan Niaga Enggang, Taman Enggang, 76100 Durian Tunggal, Melaka, Malaysia
MapsTaman Enggang in Alor Gajah, Melaka recorded 0 subsale transactions in 2021, with a median price of RM 880K and a median price per square foot (PSF) of RM 572.
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 880K, with most transactions falling within a stable range of RM 860K to RM 900K, and a typical market range of RM 771K to RM 989K.
Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.
For price per square foot, the median is RM 572, with most transactions between RM 559 and RM 585. The usual range is RM 501.00 to RM 643.00, showing that most units are priced quite close to each other. With an IQR of RM 142.00 and MAD of RM 13, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.