PUSAT PERNIAGAAN REMBIA

PUSAT PERNIAGAAN REMBIA in Alor Gajah, Melaka recorded 4 subsale transactions in 2022, with a median price of RM 465K and a median price per square foot (PSF) of RM 205.

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 465K, with most transactions falling within a stable range of RM 430K to RM 516K, and a typical market range of RM 430K to RM 509K.

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

The median PSF stands at RM 205, with core pricing between RM 172 and RM 237. Market pricing typically extends from RM 160.25 to RM 248.75, reflecting moderate variation in unit pricing. The spread of RM 88.50 (IQR) and deviation of RM 33 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.