PUSAT KOMERSIAL AYER KEROH

PUSAT KOMERSIAL AYER KEROH in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 542K and a median price per square foot (PSF) of RM 405.

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 542K, with most transactions falling within a stable range of RM 420K to RM 664K, and a typical market range of RM 460K to RM 624K.

Most transactions involved shop unit/retail lot, though some variety exists in the market.

For price per square foot, the median is RM 405, with most transactions between RM 401 and RM 408. The usual range is RM 365.13 to RM 443.88, showing that most units are priced quite close to each other. With an IQR of RM 78.75 and MAD of RM 4, the PSF demonstrates reasonable consistency across the market.

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.