AYER KEROH ECO PARK

AYER KEROH ECO PARK in Melaka Tengah, Melaka recorded 9 subsale transactions in 2021, with a median price of RM 799K and a median price per square foot (PSF) of RM 200.

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 799K, with most transactions falling within a stable range of RM 798K to RM 820K, and a typical market range of RM 798K to RM 865K.

Most transactions involved terraced factory/warehouse, though some variety exists in the market.

For price per square foot, the median is RM 200, with most transactions between RM 192 and RM 208. The usual range is RM 197.25 to RM 202.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 5.50 and an average deviation (MAD) of RM 8 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.