PERINDUSTRIAN MASJID TANAH

PERINDUSTRIAN MASJID TANAH in Alor Gajah, Melaka recorded 6 subsale transactions in 2023, with a median price of RM 630K and a median price per square foot (PSF) of RM 47.

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 630K, with most transactions falling within a stable range of RM 250K to RM 1.63 million, and a typical market range of RM 561K to RM 699K.

Most transactions involved semi-detached factory/warehouse, though some variety exists in the market.

Price per square foot shows a median of RM 47, though individual units vary from RM 27 to RM 67 in the core range. The broader market spans RM 43.50 to RM 50.50, indicating diverse property characteristics. A wider spread (IQR: RM 7.00) and deviation (MAD: RM 20) indicate significant PSF variations, likely due to diverse property types or conditions.

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.