TMN SRI BAYAN
Commercial Market
Median Price
RM 950,000
PSF Trends (2021-2025)
TMN SRI BAYAN in Alor Gajah, Melaka recorded 7 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 950K and a median price per square foot (PSF) of RM 460.
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 950K, with most transactions falling within a stable range of RM 670K to RM 1.39 million, and a typical market range of RM 670K to RM 1.23 million.
Within the Double Storey Shop category, office lot dominated the market, with moderate diversity in property types available.
For price per square foot, the median is RM 460, with most transactions between RM 425 and RM 495. The usual range is RM 344.63 to RM 575.38, showing that most units are priced quite close to each other. With an IQR of RM 230.75 and MAD of RM 35, 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.
Filter by type, year, price, and size
Transactions
7 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
JLN SB 7
|
RM 670,000
|
RM 468.00
|
1,432 sqft
|
Jun 2024
|
|
|
JALAN SB 7
|
RM 680,000
|
RM 475.00
|
1,432 sqft
|
Feb 2024
|
|
|
JLN SB 7
|
RM 680,000
|
RM 475.00
|
1,432 sqft
|
Apr 2023
|
|
JLN SB 7
|
RM 950,000
|
RM 391.00
|
2,433 sqft
|
Mar 2024
|
|
|
JLN SB 7
|
RM 950,000
|
RM 389.00
|
2,443 sqft
|
Mar 2024
|
|
DAN 16 & 16-1 JLN SB 6
|
RM 1,100,000
|
RM 442.00
|
2,486 sqft
|
Sep 2024
|
|
JLN SB 6
|
RM 2,000,000
|
RM 460.00
|
4,349 sqft
|
Jun 2024
|