Area Intelligence

PERINDUSTRIAN AIR KEROH

1 properties
2023
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Median Price
RM 1,000,000
PSF: RM 43

Commercial Market

Median Price

RM 1,000,000

IQR: RM 30
MAD: RM 30
RM 43 PSF 57.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

PERINDUSTRIAN AIR KEROH in Melaka Tengah, Melaka recorded 1 subsale transactions in 2023, with a median price of RM 1.00 million and a median price per square foot (PSF) of RM 43.

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 43, with most transactions between RM 43 and RM 43. The usual range is RM 28.13 to RM 57.88, 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. 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

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Transactions

1 properties grouped by size

23,150 sqft
1 units Semi-D Factory
RM 1,000,000
JLN USAHA 6
23,153 sqft · RM 43.00 PSF
Jan 2023