Melaka
Melaka Tengah
Bkt Katil
AYER KEROH ECO PARK

AYER KEROH ECO PARK

Area Intelligence

2024

Median Price

RM 914,500

PSF: RM 190

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Commercial PSF Trends

Median Price

RM 914,500

RM 190 PSF

AYER KEROH ECO PARK in Melaka Tengah, Melaka recorded 2 subsale transactions in 2024, sized between 2,000 and 5,000 sqft, with a median price of RM 915K and a median price per square foot (PSF) of RM 190.

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 915K, with most transactions falling within a stable range of RM 899K to RM 930K, and a typical market range of RM 899K to RM 930K.

Most transactions involved terraced factory/warehouse, though some variety exists in the market.

For price per square foot, the median is RM 190, with most transactions between RM 187 and RM 194. The usual range is RM 187.99 to RM 192.99, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 5.00 and an average deviation (MAD) of RM 3 indicate a highly stable PSF trend across properties.

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.

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AYER KEROH ECO PARK, Melaka Tengah, Melaka

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