Melaka
Alor Gajah
Durian Tunggal
TAMAN SRI BAYAN

TAMAN SRI BAYAN

Area Intelligence

2022

Median Price

RM 369,000

PSF: RM 272

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Commercial PSF Trends

Median Price

RM 369,000

RM 272 PSF

TAMAN SRI BAYAN in Alor Gajah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 369K and a median price per square foot (PSF) of RM 272.

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 369K, with most transactions falling within a stable range of RM 353K to RM 385K, and a typical market range of RM 353K to RM 385K.

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

For price per square foot, the median is RM 272, with most transactions between RM 262 and RM 282. The usual range is RM 156.63 to RM 387.38, showing that most units are priced quite close to each other. With an IQR of RM 230.75 and MAD of RM 10, 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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