PUSAT PERNIAGAAN REMBIA

PUSAT PERNIAGAAN REMBIA in Alor Gajah, Melaka recorded 4 subsale transactions in 2023, with a median price of RM 189K and a median price per square foot (PSF) of RM 129.

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 189K, with most transactions falling within a stable range of RM 167K to RM 211K, and a typical market range of RM 153K to RM 224K.

Most transactions involved shop unit/retail lot, though some variety exists in the market.

For price per square foot, the median is RM 129, with most transactions between RM 118 and RM 140. The usual range is RM 123.00 to RM 134.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 11.00 and an average deviation (MAD) of RM 11 indicate a highly stable PSF trend across properties.

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.