Area Intelligence

PEKAN PULAU SEBANG

2 properties
4-Storey Storey Shop
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Median Price
RM 1,500,000
PSF: RM 697

Commercial Market

Median Price

RM 1,500,000

IQR: RM 270
MAD: RM 174
RM 697 PSF 46.1%

PSF Trends (2021-2025)

PEKAN PULAU SEBANG in Alor Gajah, Melaka recorded 2 4-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 4-storey storey shop properties, with a median price of RM 1.50 million and a median price per square foot (PSF) of RM 697.

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 1.50 million, with most transactions falling within a stable range of RM 1.20 million to RM 1.80 million, and a typical market range of RM 1.23 million to RM 1.77 million.

Within the 4-Storey 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 697, with most transactions between RM 644 and RM 750. The usual range is RM 562.25 to RM 831.75, showing that most units are priced quite close to each other. With an IQR of RM 269.50 and MAD of RM 53, 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. Some price volatility exists, making thorough market research essential before transacting. 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

2 properties grouped by size

1,850 sqft
1 units 4-Storey Storey Shop
RM 1,200,000
JALAN BESAR
1,862 sqft · RM 644.00 PSF
Sep 2022
2,400 sqft
1 units 4-Storey Storey Shop
RM 1,800,000
JALAN BESAR PULAU SEBANG
2,400 sqft · RM 750.00 PSF
Nov 2023