Melaka
Alor Gajah
Masjid Tanah
PUSAT PERDAGANGAN MASJID TANAH

PUSAT PERDAGANGAN MASJID TANAH

Area Intelligence

2021

Median Price

RM 250,000

PSF: RM 237

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Commercial PSF Trends

Median Price

RM 250,000

RM 237 PSF

PUSAT PERDAGANGAN MASJID TANAH in Alor Gajah, Melaka recorded 3 subsale transactions in 2021, with a median price of RM 250K and a median price per square foot (PSF) of RM 237.

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 250K, with most transactions falling within a stable range of RM 220K to RM 390K, and a typical market range of RM 220K to RM 390K.

Most transactions involved 1 - 1 1/2 storey shop, with moderate diversity in property types available.

For price per square foot, the median is RM 237, with most transactions between RM 222 and RM 251. The usual range is RM 195.47 to RM 277.97, showing that most units are priced quite close to each other. With an IQR of RM 82.50 and MAD of RM 15, 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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PUSAT PERDAGANGAN MASJID TANAH, Alor Gajah, Melaka

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