Melaka
Alor Gajah
Kelemak
BANDAR BARU ALOR GAJAH

BANDAR BARU ALOR GAJAH

Area Intelligence

2023

Median Price

RM 880,000

PSF: RM 572

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Commercial PSF Trends

Median Price

RM 880,000

RM 572 PSF

BANDAR BARU ALOR GAJAH in Alor Gajah, Melaka recorded 1 subsale transactions in 2023, with a median price of RM 880K and a median price per square foot (PSF) of RM 572.

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

For price per square foot, the median is RM 572, with most transactions between RM 572 and RM 572. The usual range is RM 512.00 to RM 632.00, showing that most units are priced quite close to each other. With an IQR of RM 120.00 and MAD of RM 0, 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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