NEW KUALA BUSINESS CENTRE(PEC PT.4226)
Commercial Market
Median Price
RM 530,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Shop
2 properties
Median Price
RM 505,000
-9.4% CAGR
Median PSF
RM 328.00
-9.3% CAGR
3-Storey Storey Shop
1 properties
Median Price
RM 680,000
Median PSF
RM 442.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Double Storey Shop | 2 |
RM 505,000
±25K MAD
|
-9.43% |
RM 328.00
±16 MAD
|
-9.30% | |
3-Storey Storey Shop | 1 |
RM 680,000
|
- |
RM 442.00
|
- |
NEW KUALA BUSINESS CENTRE(PEC PT.4226) in Alor Gajah, Melaka recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 530K and a median price per square foot (PSF) of RM 344.
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 530K, with most transactions falling within a stable range of RM 480K to RM 580K, and a typical market range of RM 480K to RM 580K.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
For price per square foot, the median is RM 344, with most transactions between RM 312 and RM 376. The usual range is RM 311.50 to RM 376.50, showing that most units are priced quite close to each other. With an IQR of RM 65.00 and MAD of RM 32, the PSF demonstrates reasonable consistency across the market.
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.
Filter by type, year, price, and size
Transactions
3 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
JALAN KUALA SG BARU / MASJID
|
RM 680,000
|
RM 442.00
|
1,539 sqft
|
Oct 2022
|
3-Storey Storey Shop |
JLN SG BARU ILLIR JAYA UTAMA
|
RM 480,000
|
RM 312.00
|
1,539 sqft
|
Jan 2022
|
Double Storey Shop |
JLN SG BARU ILLIR JAYA UTAMA
|
RM 530,000
|
RM 344.00
|
1,539 sqft
|
Dec 2021
|
Double Storey Shop |