AYER KEROH ECO PARK

AYER KEROH ECO PARK in Melaka Tengah, Melaka recorded 34 subsale transactions in 2022, with a median price of RM 879K and a median price per square foot (PSF) of RM 220.

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 879K, with most transactions falling within a stable range of RM 820K to RM 938K, and a typical market range of RM 799K to RM 1.20 million.

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

For price per square foot, the median is RM 220, with most transactions between RM 212 and RM 228. The usual range is RM 217.25 to RM 222.75, 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. Moderate transaction volume may require patience when buying or selling.