TAMAN BANDAR BARU MASJID TANAH in Alor Gajah, Melaka recorded 5 subsale transactions in 2024, with a median price of RM 270K and a median price per square foot (PSF) of RM 151.
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 270K, with most transactions falling within a stable range of RM 225K to RM 315K, and a typical market range of RM 238K to RM 303K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 151, with core pricing between RM 126 and RM 176. Market pricing typically extends from RM 118.06 to RM 184.06, 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.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
