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 691K to RM 1.19 million, and a typical market range of RM 685K to RM 1.19 million.
Most transactions involved 3 - 3 1/2 storey shop, with moderate diversity in property types available.
The median PSF stands at RM 609, with core pricing between RM 515 and RM 703. Market pricing typically extends from RM 513.75 to RM 704.25, reflecting moderate variation in unit pricing. The spread of RM 190.50 (IQR) and deviation of RM 94 (MAD) suggest moderate price variations reflecting different property features.
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.
