| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Iks Masjid Tanah
|
RM 530,000
|
RM 237
|
2,239 sqft
|
|
|
Jalan Tbbmt 15
|
RM 450,000
|
RM 184
|
2,443 sqft
|
|
|
Jalan Iks Masjid Tanah 2
|
RM 630,000
|
RM 219
|
2,874 sqft
|
|
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Market Snapshot
CommercialRM 530,000
RM 219 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 3 Double Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM 530K and a median price per square foot (PSF) of RM 219.
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 530K, with most transactions falling within a stable range of RM 456K to RM 604K, and a typical market range of RM 450K to RM 630K.
Within the Double Storey Shop category, 1 - 1 1/2 storey shop dominated the market, with moderate diversity in property types available.
For price per square foot, the median is RM 219, with most transactions between RM 197 and RM 241. The usual range is RM 177.96 to RM 260.46, showing that most units are priced quite close to each other. With an IQR of RM 82.50 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.