BANDAR SATELIT PULAU SEBANG in Alor Gajah, Melaka recorded 3 subsale transactions in 2023, with a median price of RM 938K and a median price per square foot (PSF) of RM 609.
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 938K, with most transactions falling within a stable range of RM 938K to RM 1.39 million, and a typical market range of RM 938K to RM 1.19 million.
Most transactions involved 3 - 3 1/2 storey shop, with moderate diversity in property types available.
For price per square foot, the median is RM 609, with most transactions between RM 557 and RM 661. The usual range is RM 513.75 to RM 704.25, showing that most units are priced quite close to each other. With an IQR of RM 190.50 and MAD of RM 52, 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.
