MASJID TANAH NEW TOWNSHIP FASA 2

MASJID TANAH NEW TOWNSHIP FASA 2 in Alor Gajah, Melaka recorded 4 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 430K and a median price per square foot (PSF) of RM 181.

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 430K, with most transactions falling within a stable range of RM 350K to RM 608K, and a typical market range of RM 350K to RM 524K.

Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, with minimal variety in property types.

The median PSF stands at RM 181, with core pricing between RM 159 and RM 203. Market pricing typically extends from RM 142.14 to RM 220.14, reflecting moderate variation in unit pricing. With an IQR of RM 78.00 and MAD of RM 22, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.