| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Tunas Baru Sek 1/5
|
RM 410,000
|
RM 36
|
11,367 sqft
|
|
|
Jalan Tunas Baru Sek 1/5
|
RM 400,000
|
RM 26
|
15,166 sqft
|
|
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Market Snapshot
CommercialRM 405,000
RM 31 psfMedian transaction price
Lot PT 851, Mukim Sg. Baru Ulu Pekan Masjid Tanah, Kampung Londang, 78300 Alor Gajah, Melaka, Malaysia
MapsPerindustrian Masjid Tanah in Alor Gajah, Melaka recorded 2 subsale transactions in 2024, with a median price of RM 405K and a median price per square foot (PSF) of RM 31.
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 405K, with most transactions falling within a stable range of RM 400K to RM 410K, and a typical market range of RM 400K to RM 410K.
Most transactions involved semi-detached factory/warehouse, though some variety exists in the market.
The median PSF stands at RM 31, with core pricing between RM 26 and RM 36. Market pricing typically extends from RM 27.72 to RM 34.72, reflecting moderate variation in unit pricing. The spread of RM 7.00 (IQR) and deviation of RM 5 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.