|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Jalan Bandar Baru 5
|
RM 350,000
|
RM 417
|
840 sqft
|
|
1-Sty Shop |
|
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 210,000
RM 251 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 6 subsale transactions between 2021 and 2026, up to 1,000 sqft, with a median price of RM 210K and a median price per square foot (PSF) of RM 251.
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 210K, with most transactions falling within a stable range of RM 124K to RM 296K, and a typical market range of RM 70K to RM 350K.
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 251, though individual units vary from RM 178 to RM 323 in the core range. The broader market spans RM 209.70 to RM 292.20, indicating diverse property characteristics. A wider spread (IQR: RM 82.50) and deviation (MAD: RM 73) 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.