LIST

Melaka, Alor Gajah, Kelemak

BANDAR BARU ALOR GAJAH

Area Intelligence
Median Price
RM 1,200,000
PSF: RM 780
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Commercial PSF Trends

Median Price

RM 1,200,000

RM 780 PSF

BANDAR BARU ALOR GAJAH in Alor Gajah, Melaka recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 1.20 million and a median price per square foot (PSF) of RM 780.

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 1.20 million, with most transactions falling within a stable range of RM 1.15 million to RM 1.25 million, and a typical market range of RM 1.11 million to RM 1.25 million.

Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 780, with most transactions between RM 748 and RM 812. The usual range is RM 720.00 to RM 840.00, showing that most units are priced quite close to each other. With an IQR of RM 120.00 and MAD of RM 32, the PSF demonstrates reasonable consistency across the market.

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.

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BANDAR BARU ALOR GAJAH, Alor Gajah, Melaka

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Transactions

3 transactions grouped by size

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Grouped View Individual View
1,550 sqft
3-Storey Shop
RM 1,250,000
JALAN ALOR GAJAH
1,539 sqft · RM 812 PSF
RM 880,000
JALAN ALOR GAJAH
1,539 sqft · RM 572 PSF
RM 1,200,000
JALAN ALOR GAJAH
1,539 sqft · RM 780 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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