TAMAN SRI BAYAN

Area Intelligence
2021
Median Price
RM 108,000
PSF: RM 161

Commercial PSF Trends

Median Price

RM 108,000

RM 161 PSF

TAMAN SRI BAYAN in Alor Gajah, Melaka recorded 4 subsale transactions in 2021, with a median price of RM 108K and a median price per square foot (PSF) of RM 161.

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 108K, with most transactions falling within a stable range of RM 108K to RM 109K, and a typical market range of RM 108K to RM 110K.

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

For price per square foot, the median is RM 161, with most transactions between RM 157 and RM 164. The usual range is RM 45.13 to RM 275.88, showing that most units are priced quite close to each other. With an IQR of RM 230.75 and MAD of RM 4, 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

4 transactions grouped by size

650 sqft
Shop/Retail Lot
RM 108,000
Level 3
657 sqft · RM 164 PSF
700 sqft
Office Lot
RM 110,000
Level 3
678 sqft · RM 162 PSF
RM 108,000
Level 3
678 sqft · RM 159 PSF
RM 108,000
Level 2
700 sqft · RM 154 PSF

No Properties For Sale

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

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