PUSAT PERDAGANGAN MASJID TANAH

PUSAT PERDAGANGAN MASJID TANAH in Alor Gajah, Melaka recorded 4 subsale transactions in 2023, with a median price of RM 490K and a median price per square foot (PSF) of RM 225.

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 490K, with most transactions falling within a stable range of RM 256K to RM 724K, and a typical market range of RM 320K to RM 660K.

Most transactions involved 1 - 1 1/2 storey shop, with moderate diversity in property types available.

Price per square foot shows a median of RM 225, though individual units vary from RM 133 to RM 317 in the core range. The broader market spans RM 185.38 to RM 264.63, indicating diverse property characteristics. A wider spread (IQR: RM 79.25) and deviation (MAD: RM 92) 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.