| Road | Price | PSF | Size | Date | Type |
|---|
|
Gerai Sebelah Pasar
|
RM 59,000
|
RM 322
|
183 sqft
|
|
|
Jalan Bandar Baru 5
|
RM 350,000
|
RM 417
|
840 sqft
|
|
|
Jalan Bandar Baru 1
|
RM 200,000
|
RM 214
|
936 sqft
|
|
|
Jalan Tbbmt 15
|
RM 450,000
|
RM 184
|
2,443 sqft
|
|
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Market Snapshot
CommercialRM 275,000
RM 268 psfMedian transaction price
MT 1355, Komplex Perniagaan Bandar Baru, Masjid Tanah, 78300, Masjid Tanah, Melaka, Taman Bandar Baru, 78300 Masjid Tanah, Malacca, Malaysia
MapsPusat Perdagangan Masjid Tanah in Alor Gajah, Melaka recorded 4 subsale transactions between 2021 and 2026, with a median price of RM 275K and a median price per square foot (PSF) of RM 268.
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 275K, with most transactions falling within a stable range of RM 127K to RM 423K, and a typical market range of RM 135K to RM 415K.
Most transactions involved 1 - 1 1/2 storey shop, with moderate diversity in property types available.
Price per square foot shows a median of RM 268, though individual units vary from RM 176 to RM 360 in the core range. The broader market spans RM 226.75 to RM 309.25, indicating diverse property characteristics. A wider spread (IQR: RM 82.50) and deviation (MAD: RM 92) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.