Area Intelligence

TMN SG.PETAI PERMAI

5 properties
Double Storey Shop
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Median Price
RM 615,000
PSF: RM 390

Residential Market

Median Price

RM 292,500

IQR: RM 24
MAD: RM 12
RM 178 PSF 1.7%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 615,000

IQR: RM 24
MAD: RM 20
RM 390 PSF 2.5%

PSF Trends (2021-2025)

TMN SG.PETAI PERMAI in Alor Gajah, Melaka recorded 5 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 615K and a median price per square foot (PSF) of RM 390.

This area contains both residential and commercial properties. View 12 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 615K, with most transactions falling within a stable range of RM 571K to RM 659K, and a typical market range of RM 570K to RM 700K.

Within the Double Storey Shop category, 1 - 1 1/2 storey terraced dominated the market, with moderate diversity in property types available.

For price per square foot, the median is RM 390, with most transactions between RM 369 and RM 411. The usual range is RM 313.75 to RM 466.25, showing that most units are priced quite close to each other. With an IQR of RM 152.50 and MAD of RM 21, the PSF demonstrates reasonable consistency across the market.

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.

Area Location

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TMN SG.PETAI PERMAI, Alor Gajah, Melaka

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Transactions

5 properties grouped by size

1,550 sqft
4 units Double Storey Shop
RM 645,000
JALAN SUNGAI PETAI PERMAI 1 UTAMA
1,539 sqft · RM 419.00 PSF
May 2024
RM 600,000
JLN SPPU 1
1,539 sqft · RM 390.00 PSF
Apr 2023
RM 615,000
JLN SPPU 2
1,561 sqft · RM 394.00 PSF
Feb 2023
RM 570,000
JLN SPPU
1,539 sqft · RM 370.00 PSF
Mar 2022
1,950 sqft
1 units Double Storey Shop
RM 700,000
JALAN SG PETAI PERMAI
1,948 sqft · RM 359.00 PSF
Mar 2024