Melaka
Alor Gajah
Masjid Tanah
MASJID TANAH NEW TOWNSHIP FASA 2

MASJID TANAH NEW TOWNSHIP FASA 2

Area Intelligence

2022

Median Price

RM 800,000

PSF: RM 193

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MASJID TANAH NEW TOWNSHIP FASA 2 in Alor Gajah, Melaka recorded 1 subsale transactions in 2022, priced between RM 500K and RM 1.00 million, with a median price of RM 800K and a median price per square foot (PSF) of RM 193.

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

For price per square foot, the median is RM 193, with most transactions between RM 193 and RM 193. The usual range is RM 153.55 to RM 231.55, showing that most units are priced quite close to each other. With an IQR of RM 78.00 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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MASJID TANAH NEW TOWNSHIP FASA 2, Alor Gajah, Melaka

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