PERINDUSTRIAN ALOR GAJAH

Area Intelligence
2022
Median Price
RM 1,800,000
PSF: RM 109

Commercial PSF Trends

Median Price

RM 1,800,000

RM 109 PSF

PERINDUSTRIAN ALOR GAJAH in Alor Gajah, Melaka recorded 3 subsale transactions in 2022, with a median price of RM 1.80 million and a median price per square foot (PSF) of RM 109.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.80 million, with most transactions falling within a stable range of RM 1.09 million to RM 3.41 million, and a typical market range of RM 1.09 million to RM 2.73 million.

Most transactions involved detached factory/warehouse, with minimal variety in property types.

Price per square foot shows a median of RM 109, though individual units vary from RM 80 to RM 138 in the core range. The broader market spans RM 92.50 to RM 125.50, indicating diverse property characteristics. A wider spread (IQR: RM 33.00) and deviation (MAD: RM 29) 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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PERINDUSTRIAN ALOR GAJAH, Alor Gajah, Melaka

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Transactions

3 transactions grouped by size

10,900 sqft
Detached Factory
RM 1,800,000
JALAN INDUSTRI 9
10,893 sqft · RM 165 PSF
11,000 sqft
Detached Factory
RM 1,090,000
JALAN INDUSTRI 9
11,001 sqft · RM 99 PSF
43,950 sqft
Detached Factory
RM 4,800,000
JALAN INDUSTRI 13
43,949 sqft · RM 109 PSF

No Properties For Sale

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

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