TMN PADANG SEBANG GEMILANG

TMN PADANG SEBANG GEMILANG in Alor Gajah, Melaka recorded 4 subsale transactions in 2023, 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. The median price is RM 80K, with most transactions falling within a stable range of RM 78K to RM 80K, and a typical market range of RM 79K to RM 80K.

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 68 and RM 78. 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 5 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.