Area Intelligence

PERINDUSTRIAN AIR KEROH

1 properties
2021
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Median Price
RM 2,700,000
PSF: RM 53

Commercial Market

Median Price

RM 2,700,000

IQR: RM 30
MAD: RM 30
RM 53 PSF 57.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

PERINDUSTRIAN AIR KEROH in Melaka Tengah, Melaka recorded 1 subsale transactions in 2021, with a median price of RM 2.70 million and a median price per square foot (PSF) of RM 53.

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 53, with most transactions between RM 53 and RM 53. The usual range is RM 38.13 to RM 67.88, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 29.75 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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PERINDUSTRIAN AIR KEROH, Melaka Tengah, Melaka

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Transactions

1 properties grouped by size

51,100 sqft
1 units Detached Factory
RM 2,700,000
JALAN USAHA 12
51,118 sqft · RM 53.00 PSF
Oct 2021