PEKAN PULAU SEBANG

PEKAN PULAU SEBANG in Alor Gajah, Melaka recorded 3 subsale transactions in 2024, with a median price of RM 260K and a median price per square foot (PSF) of RM 187.

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 260K, with most transactions falling within a stable range of RM 250K to RM 541K, and a typical market range of RM 250K to RM 527K.

Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.

Price per square foot shows a median of RM 187, though individual units vary from RM 13 to RM 361 in the core range. The broader market spans RM 52.25 to RM 321.75, indicating diverse property characteristics. A wider spread (IQR: RM 269.50) and deviation (MAD: RM 174) indicate significant PSF variations, likely due to diverse property types or conditions.

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.