Melaka
Alor Gajah
Masjid Tanah
PUSAT PERDAGANGAN MASJID TANAH

PUSAT PERDAGANGAN MASJID TANAH

Area Intelligence

2021

Median Price

RM 530,000

PSF: RM 237

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Commercial PSF Trends

Median Price

RM 530,000

RM 237 PSF

PUSAT PERDAGANGAN MASJID TANAH in Alor Gajah, Melaka recorded 1 subsale transactions in 2021, priced between RM 300K and RM 750K, with a median price of RM 530K 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.

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 237 and RM 237. 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 0, 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.

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PUSAT PERDAGANGAN MASJID TANAH, Alor Gajah, Melaka

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