| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Alor Gajah
|
RM 1,250,000
|
RM 293
|
4,273 sqft
|
|
|
|
Jalan Alor Gajah
|
RM 880,000
|
RM 206
|
4,273 sqft
|
|
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Kelemak, 78000 Alor Gajah, Malacca, Malaysia
MapsBandar Baru Alor Gajah in Alor Gajah, Melaka recorded 2 subsale transactions between 2021 and 2026, with a median price of RM 1.07 million and a median price per square foot (PSF) of RM 249.
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 1.07 million, with most transactions falling within a stable range of RM 880K to RM 1.25 million, and a typical market range of RM 973K to RM 1.16 million.
Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.
The median PSF stands at RM 249, with core pricing between RM 206 and RM 293. Market pricing typically extends from RM 189.22 to RM 309.22, reflecting moderate variation in unit pricing. The spread of RM 120.00 (IQR) and deviation of RM 43 (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.