| Road | Price | PSF | Size | Date | Type |
|---|
|
Gerai Sebelah Pasar
|
RM 59,000
|
RM 322
|
183 sqft
|
|
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Market Snapshot
CommercialRM 59,000
RM 322 psfMedian transaction price
MT 1355, Komplex Perniagaan Bandar Baru, Masjid Tanah, 78300, Masjid Tanah, Melaka, Taman Bandar Baru, 78300 Masjid Tanah, Malacca, Malaysia
MapsPusat Perdagangan Masjid Tanah in Alor Gajah, Melaka recorded 1 subsale transactions in 2024, with a median price of RM 59K and a median price per square foot (PSF) of RM 322.
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 322, with most transactions between RM 322 and RM 322. The usual range is RM 281.17 to RM 363.67, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.