TAMAN SRI BAYAN

Area Intelligence
2022
Median Price
RM 119,000
PSF: RM 163

Commercial PSF Trends

Median Price

RM 119,000

RM 163 PSF

TAMAN SRI BAYAN in Alor Gajah, Melaka recorded 6 subsale transactions in 2022, with a median price of RM 119K and a median price per square foot (PSF) of RM 163.

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 119K, with most transactions falling within a stable range of RM 101K to RM 128K, and a typical market range of RM 85K to RM 128K.

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

The median PSF stands at RM 163, with core pricing between RM 138 and RM 187. Market pricing typically extends from RM 47.13 to RM 277.88, reflecting moderate variation in unit pricing. The spread of RM 230.75 (IQR) and deviation of RM 25 (MAD) suggest moderate price variations reflecting different property features.

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

4 transactions grouped by size

700 sqft
Office Lot
RM 85,000
Level 2
689 sqft · RM 123 PSF
RM 86,000
Level 1
700 sqft · RM 123 PSF
RM 128,000
Level 2
700 sqft · RM 183 PSF
800 sqft
Office Lot
RM 110,000
Level 3
775 sqft · RM 142 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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