Melaka
Alor Gajah
Durian Tunggal
TAMAN SRI BAYAN

TAMAN SRI BAYAN

Area Intelligence

2023

Median Price

RM 225,000

PSF: RM 217

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Commercial PSF Trends

Median Price

RM 225,000

RM 217 PSF

TAMAN SRI BAYAN in Alor Gajah, Melaka recorded 4 subsale transactions in 2023, with a median price of RM 225K and a median price per square foot (PSF) of RM 217.

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 225K, with most transactions falling within a stable range of RM 146K to RM 300K, and a typical market range of RM 120K to RM 300K.

Most transactions involved office lot, with moderate diversity in property types available.

For price per square foot, the median is RM 217, with most transactions between RM 198 and RM 235. The usual range is RM 101.13 to RM 331.88, showing that most units are priced quite close to each other. With an IQR of RM 230.75 and MAD of RM 19, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SRI BAYAN, Alor Gajah, Melaka

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Transactions

3 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 120,000

Level 3

678 sqft • RM 177.00 PSF

Oct 2023

RM 150,000

Level 2

700 sqft • RM 214.00 PSF

Jun 2023

RM 300,000

Level 1

1,367 sqft • RM 219.00 PSF

Feb 2023

Road	Price	Land PSF	Land	Date	Type
Level 3	RM 120,000	RM 177.00	678 sqft	Oct 2023	Office Lot
Level 2	RM 150,000	RM 214.00	700 sqft	Jun 2023	Office Lot
Level 1	RM 300,000	RM 219.00	1,367 sqft	Feb 2023	Shop/Retail Lot