TAMAN SRI BAYAN

Area Intelligence
2024
Median Price
RM 815,000
PSF: RM 417

Commercial PSF Trends

Median Price

RM 815,000

RM 417 PSF

TAMAN SRI BAYAN in Alor Gajah, Melaka recorded 6 subsale transactions in 2024, with a median price of RM 815K and a median price per square foot (PSF) of RM 417.

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 815K, with most transactions falling within a stable range of RM 530K to RM 1.10 million, and a typical market range of RM 531K to RM 1.10 million.

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

Price per square foot shows a median of RM 417, though individual units vary from RM 311 to RM 522 in the core range. The broader market spans RM 301.13 to RM 531.88, indicating diverse property characteristics. A wider spread (IQR: RM 230.75) and deviation (MAD: RM 105) indicate significant PSF variations, likely due to diverse property types or conditions.

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

6 transactions grouped by size

1,350 sqft
Office Lot
RM 225,000
Level 1
1,367 sqft · RM 165 PSF
1,450 sqft
Double Storey Shop
RM 670,000
JALAN SB 7
1,432 sqft · RM 468 PSF
RM 680,000
JALAN SB 7
1,432 sqft · RM 475 PSF
2,450 sqft
Double Storey Shop
RM 950,000
JALAN SB 7
2,433 sqft · RM 391 PSF
RM 950,000
JALAN SB 7
2,443 sqft · RM 389 PSF
2,500 sqft
Double Storey Shop
RM 1,100,000
DAN 16 & 16-1 JALAN SB 6
2,486 sqft · RM 442 PSF

No Properties For Sale

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

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