Area Intelligence

TMN PADANG SEBANG GEMILANG

4 properties
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Median Price
RM 80,000
PSF: RM 73

Commercial Market

Median Price

RM 80,000

IQR: RM 4
MAD: RM 3
RM 73 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN PADANG SEBANG GEMILANG in Alor Gajah, Melaka recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 80K and a median price per square foot (PSF) of RM 73.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 1 - 1 1/2 storey shop, though some variety exists in the market.

For price per square foot, the median is RM 73, with most transactions between RM 71 and RM 76. The usual range is RM 71.25 to RM 74.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 3.50 and an average deviation (MAD) of RM 3 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN PADANG SEBANG GEMILANG, Alor Gajah, Melaka

OSM

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Transactions

4 properties grouped by size

1,000 sqft
1 units Shop/Retail Lot
RM 80,000
977 sqft · RM 82.00 PSF
Sep 2023
1,100 sqft
3 units Single Storey Shop
RM 75,000
JALAN SEBANG GEMILANG 1
1,098 sqft · RM 68.00 PSF
Nov 2023
RM 80,000
JALAN SEBANG GEMILANG 1
1,098 sqft · RM 73.00 PSF
Aug 2023
RM 80,000
JALAN SEBANG GEMILANG 1
1,098 sqft · RM 73.00 PSF
Jul 2023