Industri Angkasa Nuri in Alor Gajah, Melaka recorded 2 Double Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM717K and a median price per square foot (PSF) of RM242.

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 RM717K, with most transactions falling within a stable range of RM620K to RM813K, and a typical market range of RM620K to RM813K.

Within the Double Storey Shop category, detached factory/warehouse dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM242, with most transactions between RM230 and RM254. The usual range is RM230.60 to RM254.10, showing that most units are priced quite close to each other. A typical spread (IQR) of RM23.50 and an average deviation (MAD) of RM12 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.