|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Jalan Bandar Baru 1
|
RM 200,000
|
RM 214
|
936 sqft
|
|
1-Sty Shop |
| 2024 | |||||
|
Gerai Sebelah Pasar
|
RM 59,000
|
RM 322
|
183 sqft
|
|
1-Sty Shop |
| 2023 | |||||
|
Pusat Perniagaan Bandar Baru
|
RM 200,000
|
RM 214
|
936 sqft
|
|
1-Sty Shop |
| 2021 | |||||
|
Pusat Perniagaan Bandar Baru
|
RM 220,000
|
RM 235
|
936 sqft
|
|
1-Sty Shop |
|
Pusat Perniagaan Bandar Baru
|
RM 250,000
|
RM 267
|
936 sqft
|
|
1-Sty Shop |
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Market Snapshot
CommercialRM 200,000
RM 235 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 5 subsale transactions between 2021 and 2026, priced up to RM 300K, with a median price of RM 200K and a median price per square foot (PSF) of RM 235.
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 200K, with most transactions falling within a stable range of RM 134K to RM 250K, and a typical market range of RM 60K to RM 250K.
Most transactions involved 1 - 1 1/2 storey shop, with moderate diversity in property types available.
The median PSF stands at RM 235, with core pricing between RM 194 and RM 276. Market pricing typically extends from RM 193.68 to RM 276.18, reflecting moderate variation in unit pricing. The spread of RM 82.50 (IQR) and deviation of RM 41 (MAD) suggest moderate price variations reflecting different property features.
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.