BANDAR BARU ALOR GAJAH

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. The median price is RM 880K, with most transactions falling within a stable range of RM 830K to RM 930K, and a typical market range of RM 788K to RM 973K.

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 540 and RM 604. 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 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.