Area Intelligence

PUSAT PERNIAGAAN LUBOK CHINA

2 properties
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Median Price
RM 492,500
PSF: RM 263

Commercial Market

Median Price

RM 492,500

IQR: RM 19
MAD: RM 19
RM 263 PSF

PSF Trends (2021-2025)

PUSAT PERNIAGAAN LUBOK CHINA in Alor Gajah, Melaka recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 493K and a median price per square foot (PSF) of RM 263.

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 493K, with most transactions falling within a stable range of RM 375K to RM 610K, and a typical market range of RM 434K to RM 551K.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 263, with most transactions between RM 244 and RM 281. The usual range is RM 253.25 to RM 271.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 18.50 and an average deviation (MAD) of RM 19 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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PUSAT PERNIAGAAN LUBOK CHINA, Alor Gajah, Melaka

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Transactions

2 properties grouped by size

1,550 sqft
1 units Double Storey Shop
RM 375,000
JLN PLC
1,539 sqft · RM 244.00 PSF
Oct 2021
2,150 sqft
1 units Double Storey Shop
RM 610,000
JLN PLC
2,174 sqft · RM 281.00 PSF
Dec 2021

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