PUSAT PERNIAGAAN GANGSA

PUSAT PERNIAGAAN GANGSA in Alor Gajah, Melaka recorded 4 subsale transactions in 2024, with a median price of RM 740K and a median price per square foot (PSF) of RM 287.

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 740K, with most transactions falling within a stable range of RM 609K to RM 871K, and a typical market range of RM 600K to RM 906K.

Most transactions involved semi-detached factory/warehouse, though some variety exists in the market.

Price per square foot shows a median of RM 287, though individual units vary from RM 162 to RM 412 in the core range. The broader market spans RM 271.13 to RM 302.88, indicating diverse property characteristics. A wider spread (IQR: RM 31.75) and deviation (MAD: RM 125) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.