Area Intelligence

PERINDUSTRIAN AIR KEROH

4 properties
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Median Price
RM 2,137,500
PSF: RM 63

Commercial Market

Median Price

RM 2,275,000

IQR: RM 30
MAD: RM 30
RM 73 PSF 57.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

PERINDUSTRIAN AIR KEROH in Melaka Tengah, Melaka recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 2.14 million and a median price per square foot (PSF) of RM 63.

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 2.14 million, with most transactions falling within a stable range of RM 1.29 million to RM 2.99 million, and a typical market range of RM 1.40 million to RM 2.88 million.

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

Price per square foot shows a median of RM 63, though individual units vary from RM 48 to RM 78 in the core range. The broader market spans RM 48.13 to RM 77.88, indicating diverse property characteristics. The spread of RM 29.75 (IQR) and deviation of RM 15 (MAD) suggest moderate price variations reflecting different property features.

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.

Area Location

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PERINDUSTRIAN AIR KEROH, Melaka Tengah, Melaka

OSM

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Transactions

4 properties grouped by size

21,700 sqft
1 units Detached Factory
RM 1,575,000
JLN USAHA 6
21,698 sqft · RM 73.00 PSF
Feb 2022
23,150 sqft
1 units Semi-D Factory
RM 1,000,000
JLN USAHA 6
23,153 sqft · RM 43.00 PSF
Jan 2023
34,800 sqft
1 units Semi-D Factory
RM 3,550,000
JALAN USAHA 6
34,793 sqft · RM 102.00 PSF
Aug 2022
51,100 sqft
1 units Detached Factory
RM 2,700,000
JALAN USAHA 12
51,118 sqft · RM 53.00 PSF
Oct 2021