Area Intelligence

PEKAN PULAU SEBANG

3 properties
Double Storey Shop
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Median Price
RM 723,000
PSF: RM 470

Commercial Market

Median Price

RM 723,000

IQR: RM 270
MAD: RM 174
RM 470 PSF 46.1%

PSF Trends (2021-2025)

PEKAN PULAU SEBANG in Alor Gajah, Melaka recorded 3 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 723K and a median price per square foot (PSF) of RM 470.

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 723K, with most transactions falling within a stable range of RM 723K to RM 783K, and a typical market range of RM 723K to RM 850K.

Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 470, with most transactions between RM 431 and RM 509. The usual range is RM 335.25 to RM 604.75, showing that most units are priced quite close to each other. With an IQR of RM 269.50 and MAD of RM 39, the PSF demonstrates reasonable consistency across the market.

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.

Area Location

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PEKAN PULAU SEBANG, Alor Gajah, Melaka

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Transactions

3 properties grouped by size

1,550 sqft
3 units Double Storey Shop
RM 723,000
JALAN PEKAN PULAU SEBANG
1,539 sqft · RM 470.00 PSF
Feb 2025
RM 723,000
JALAN PEKAN PULAU SEBANG
1,539 sqft · RM 470.00 PSF
Jan 2025
RM 850,000
JALAN PEKAN PULAU SEBANG
1,539 sqft · RM 552.00 PSF
Sep 2024