LIST

Melaka, Alor Gajah, Sg Baru Ilir

NEW KUALA BUSINESS CENTRE(PEC PT.4226)

Area Intelligence
2022
Median Price
RM 580,000
PSF: RM 377
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Commercial PSF Trends

Median Price

RM 580,000

RM 377 PSF

NEW KUALA BUSINESS CENTRE(PEC PT.4226) in Alor Gajah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 580K and a median price per square foot (PSF) of RM 377.

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 580K, with most transactions falling within a stable range of RM 480K to RM 680K, and a typical market range of RM 530K to RM 630K.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

The median PSF stands at RM 377, with core pricing between RM 312 and RM 442. Market pricing typically extends from RM 344.50 to RM 409.50, reflecting moderate variation in unit pricing. The spread of RM 65.00 (IQR) and deviation of RM 65 (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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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NEW KUALA BUSINESS CENTRE(PEC PT.4226), Alor Gajah, Melaka

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Transactions

2 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
1,550 sqft
RM 680,000
JALAN KUALA SUNGAI BARU / MASJID
1,539 sqft · RM 442 PSF
RM 480,000
JALAN SUNGAI BARU ILLIR JAYA UTAMA
1,539 sqft · RM 312 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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