Melaka
Alor Gajah
Masjid Tanah
PUSAT PERDAGANGAN MASJID TANAH

PUSAT PERDAGANGAN MASJID TANAH

Area Intelligence

2023

Median Price

RM 490,000

PSF: RM 216

Facebook X (Twitter)

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 630K to RM 575K, and a typical market range of RM 630K 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 192 and RM 240. Market pricing typically extends from RM 175.14 to RM 257.64, reflecting moderate variation in unit pricing. With an IQR of RM 82.50 and MAD of RM 24, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Loading map...

PUSAT PERDAGANGAN MASJID TANAH, Alor Gajah, Melaka

OSM