Melaka
Alor Gajah
Masjid Tanah
TAMAN BANDAR BARU MASJID TANAH

TAMAN BANDAR BARU MASJID TANAH

Area Intelligence

2021

Median Price

RM 200,000

PSF: RM 140

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Residential PSF Trends

Median Price

RM 200,000

PSF: RM 140

TAMAN BANDAR BARU MASJID TANAH in Alor Gajah, Melaka recorded 1 subsale transactions in 2021, with a median price of RM 200K and a median price per square foot (PSF) of RM 140.

This area contains both residential and commercial properties. View 16 residential properties or 5 commercial properties separately for more focused analysis.

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 155K to RM 245K, and a typical market range of RM 168K to RM 233K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 140, with core pricing between RM 115 and RM 165. Market pricing typically extends from RM 106.70 to RM 172.70, reflecting moderate variation in unit pricing. The spread of RM 66.00 (IQR) and deviation of RM 25 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN BANDAR BARU MASJID TANAH, Alor Gajah, Melaka

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