PUSAT PERDAGANGAN MASJID TANAH

Area Intelligence
2023
Median Price
RM 490,000
PSF: RM 216

Commercial PSF Trends

Median Price

RM 490,000

RM 216 PSF

PUSAT PERDAGANGAN MASJID TANAH in Alor Gajah, Melaka recorded 4 subsale transactions in 2023, with a median price of RM 490K and a median price per square foot (PSF) of RM 216.

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 490K, with most transactions falling within a stable range of RM 256K to RM 724K, and a typical market range of RM 350K to RM 630K.

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

The median PSF stands at RM 216, with core pricing between RM 181 and RM 251. Market pricing typically extends from RM 175.14 to RM 257.64, reflecting moderate variation in unit pricing. The spread of RM 82.50 (IQR) and deviation of RM 35 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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PUSAT PERDAGANGAN MASJID TANAH, Alor Gajah, Melaka

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Property Transactions

4 transactions grouped by road

RM 630,000
2,874 sqft
RM 219 PSF
RM 200,000
936 sqft
RM 214 PSF
RM 800,000
2,992 sqft
RM 267 PSF
RM 350,000
2,077 sqft
RM 168 PSF

No Properties For Sale

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

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