Area Intelligence

ZARINA INDSTRI PARK

1 properties
2024
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Median Price
RM 5,400,000
PSF: RM 98

Commercial Market

Median Price

RM 5,400,000

RM 98 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

ZARINA INDSTRI PARK in Alor Gajah, Melaka recorded 1 subsale transactions in 2024, with a median price of RM 5.40 million and a median price per square foot (PSF) of RM 98.

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

For price per square foot, the median is RM 98, with most transactions between RM 98 and RM 98. The usual range is RM 78.50 to RM 117.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 39.00 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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ZARINA INDSTRI PARK, Alor Gajah, Melaka

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Transactions

1 properties grouped by size

54,850 sqft
1 units Detached Factory
RM 5,400,000
JALAN PERINDUSTRIAN REMBIA 5
54,864 sqft · RM 98.00 PSF
Mar 2024