| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Av 6B
|
RM 550,000
|
RM 110
|
5,005 sqft
|
|
|
|
Leboh Sas
|
RM 200,000
|
RM 40
|
5,005 sqft
|
|
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Aras 4-11, Menara MITC, Jalan Konvensyen, Kompleks MITC, 75450 Ayer Keroh, Malacca, Malaysia
MapsMenara MITC in Alor Gajah, Melaka recorded 2 subsale transactions between 2021 and 2026, with a median price of RM 375K and a median price per square foot (PSF) of RM 110.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 375K, with most transactions falling within a stable range of RM 200K to RM 550K, and a typical market range of RM 288K to RM 463K.
Most transactions involved detached, with minimal variety in property types.
Price per square foot shows a median of RM 110, though individual units vary from RM 75 to RM 145 in the core range. The broader market spans RM 92.39 to RM 127.39, indicating diverse property characteristics. A wider spread (IQR: RM 35.00) and deviation (MAD: RM 35) indicate significant PSF variations, likely due to diverse property types or conditions.
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.