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Market Snapshot
CommercialRM 916,000
RM 571 psfMedian transaction price
5014, Jalan Alai Jaya, Kampung Alai, 75460 Alai, Melaka, Malaysia
MapsAlai Business Centre in Melaka Tengah, Melaka recorded 0 subsale transactions in 2024, with a median price of RM 916K and a median price per square foot (PSF) of RM 571.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.
For price per square foot, the median is RM 571, with most transactions between RM 571 and RM 571. The usual range is RM 564.88 to RM 577.13, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 12.25 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.
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.