Zarina Indstri Park

Lebuhraya Utara-Selatan, 50480 Alor Gajah, Melaka, Malaysia

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Zarina Indstri Park
© OpenStreetMap · CARTO

Lebuhraya Utara-Selatan, 50480 Alor Gajah, Melaka, Malaysia

Maps

Zarina Indstri Park in Alor Gajah, Melaka recorded 0 subsale transactions in 2021, with a median price of RM2.96 million and a median price per square foot (PSF) of RM137.

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 RM2.96 million, with most transactions falling within a stable range of RM528K to RM5.40 million, and a typical market range of RM1.75 million to RM4.18 million.

Most transactions involved detached factory/warehouse, with moderate diversity in property types available.

Price per square foot shows a median of RM137, though individual units vary from RM98 to RM176 in the core range. The broader market spans RM117.50 to RM156.50, indicating diverse property characteristics. A wider spread (IQR: RM39.00) and deviation (MAD: RM39) 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.