New Kuala Business Centre(Pec Pt.4226)

Sungai Baru Ilir, Malacca, Malaysia

Property Transactions

3 subsales grouped by size

Period
transactions middle 50% (P25–P75)
2,700 sqft
2-Sty Shop
RM480,000
Jalan Sungai Baru Illir Jaya Utama
2,702 sqft · RM178 PSF
RM530,000
Jalan Sungai Baru Illir Jaya Utama
2,702 sqft · RM196 PSF
4,300 sqft
3-Sty Shop
RM680,000
Jalan Kuala Sungai Baru / Masjid
4,316 sqft · RM158 PSF
Legend Recent Highest Price Highest PSF

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What’s happening in New Kuala Business Centre(Pec Pt.4226)?

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New Kuala Business Centre(Pec Pt.4226) in Alor Gajah, Melaka recorded 3 subsale transactions between 2021 and 2026, with a median price of RM530K and a median price per square foot (PSF) of RM178.

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 RM530K, with most transactions falling within a stable range of RM480K to RM580K, and a typical market range of RM480K to RM580K.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

The median PSF stands at RM178, with core pricing between RM146 and RM210. Market pricing typically extends from RM145.16 to RM210.16, reflecting moderate variation in unit pricing. The spread of RM65.00 (IQR) and deviation of RM32 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.