Melaka
Alor Gajah
Durian Tunggal
TAMAN SRI BAYAN

TAMAN SRI BAYAN

Area Intelligence

2024

Median Price

RM 950,000

PSF: RM 442

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Commercial PSF Trends

Median Price

RM 950,000

RM 442 PSF

TAMAN SRI BAYAN in Alor Gajah, Melaka recorded 7 subsale transactions in 2024, with a median price of RM 950K and a median price per square foot (PSF) of RM 442.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 442, with most transactions between RM 442 and RM 442. The usual range is RM 326.63 to RM 557.38, showing that most units are priced quite close to each other. With an IQR of RM 230.75 and MAD of RM 0, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SRI BAYAN, Alor Gajah, Melaka

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