Area Intelligence

TMN SRI BAYAN

7 properties
Double Storey Shop
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Median Price
RM 950,000
PSF: RM 460

Commercial Market

Median Price

RM 950,000

IQR: RM 231
MAD: RM 70
RM 460 PSF 40.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN SRI BAYAN in Alor Gajah, Melaka recorded 7 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 950K and a median price per square foot (PSF) of RM 460.

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 950K, with most transactions falling within a stable range of RM 670K to RM 1.39 million, and a typical market range of RM 670K to RM 1.23 million.

Within the Double Storey Shop category, office lot dominated the market, with moderate diversity in property types available.

For price per square foot, the median is RM 460, with most transactions between RM 425 and RM 495. The usual range is RM 344.63 to RM 575.38, showing that most units are priced quite close to each other. With an IQR of RM 230.75 and MAD of RM 35, 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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TMN SRI BAYAN, Alor Gajah, Melaka

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Transactions

7 properties grouped by size

1,450 sqft
3 units Double Storey Shop
RM 670,000
JLN SB 7
1,432 sqft · RM 468.00 PSF
Jun 2024
RM 680,000
JALAN SB 7
1,432 sqft · RM 475.00 PSF
Feb 2024
RM 680,000
JLN SB 7
1,432 sqft · RM 475.00 PSF
Apr 2023
2,450 sqft
2 units Double Storey Shop
RM 950,000
JLN SB 7
2,433 sqft · RM 391.00 PSF
Mar 2024
RM 950,000
JLN SB 7
2,443 sqft · RM 389.00 PSF
Mar 2024
2,500 sqft
1 units Double Storey Shop
RM 1,100,000
DAN 16 & 16-1 JLN SB 6
2,486 sqft · RM 442.00 PSF
Sep 2024
4,350 sqft
1 units Double Storey Shop
RM 2,000,000
JLN SB 6
4,349 sqft · RM 460.00 PSF
Jun 2024