TMN SRI BAYAN
Commercial Market
Median Price
RM 950,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Office Lot
11 properties
Median Price
RM 122,000
+27.3% CAGR
Median PSF
RM 160.75
+1.8% CAGR
Double Storey Shop
7 properties
Median Price
RM 815,000
+39.7% CAGR
Median PSF
RM 463.00
-5.1% CAGR
Shop/Retail Lot
4 properties
Median Price
RM 300,000
+66.7% CAGR
Median PSF
RM 219.00
+15.6% CAGR
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Office Lot | 11 |
RM 122,000
±19K MAD
|
+27.33% |
RM 160.75
±16 MAD
|
+1.78% | |
Double Storey Shop | 7 |
RM 815,000
±135K MAD
|
+39.71% |
RM 463.00
±12 MAD
|
-5.05% | |
Shop/Retail Lot | 4 |
RM 300,000
±69K MAD
|
+66.67% |
RM 219.00
±53 MAD
|
+15.56% |
TMN SRI BAYAN in Alor Gajah, Melaka recorded 7 subsale transactions in 2024, with a median price of RM 950K and a median price per square foot (PSF) of RM 442.
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 443K to RM 1.46 million, and a typical market range of RM 666K to RM 1.23 million.
Most transactions involved office lot, with moderate diversity in property types available.
Price per square foot shows a median of RM 442, though individual units vary from RM 341 to RM 543 in the core range. The broader market spans RM 326.63 to RM 557.38, indicating diverse property characteristics. The spread of RM 230.75 (IQR) and deviation of RM 101 (MAD) suggest moderate price variations reflecting different property features.
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.
Filter by type, year, price, and size
Transactions
7 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
RM 225,000
|
RM 165.00
|
1,367 sqft
|
Aug 2024
|
JLN SB 7
|
RM 670,000
|
RM 468.00
|
1,432 sqft
|
Jun 2024
|
|
JALAN SB 7
|
RM 680,000
|
RM 475.00
|
1,432 sqft
|
Feb 2024
|
JLN SB 7
|
RM 950,000
|
RM 391.00
|
2,433 sqft
|
Mar 2024
|
|
JLN SB 7
|
RM 950,000
|
RM 389.00
|
2,443 sqft
|
Mar 2024
|
DAN 16 & 16-1 JLN SB 6
|
RM 1,100,000
|
RM 442.00
|
2,486 sqft
|
Sep 2024
|
JLN SB 6
|
RM 2,000,000
|
RM 460.00
|
4,349 sqft
|
Jun 2024
|