| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Plc
|
RM 610,000
|
RM 249
|
2,454 sqft
|
|
|
|
Jalan Plc
|
RM 375,000
|
RM 153
|
2,454 sqft
|
|
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Jalan Perniagaan Lubok China, 78100 Lubok China, Melaka, Malaysia
MapsPusat Perniagaan Lubok China in Alor Gajah, Melaka recorded 2 subsale transactions in 2021, with a median price of RM 493K and a median price per square foot (PSF) of RM 201.
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 493K, with most transactions falling within a stable range of RM 375K to RM 610K, and a typical market range of RM 434K to RM 551K.
Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.
Price per square foot shows a median of RM 201, though individual units vary from RM 153 to RM 249 in the core range. The broader market spans RM 191.43 to RM 209.93, indicating diverse property characteristics. The spread of RM 18.50 (IQR) and deviation of RM 48 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.