TAMAN BANDAR BARU MASJID TANAH in Alor Gajah, Melaka recorded 10 subsale transactions in 2023, with a median price of RM 238K and a median price per square foot (PSF) of RM 162.
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 238K, with most transactions falling within a stable range of RM 192K to RM 283K, and a typical market range of RM 205K to RM 270K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
Price per square foot shows a median of RM 162, though individual units vary from RM 116 to RM 208 in the core range. The broader market spans RM 129.33 to RM 195.33, indicating diverse property characteristics. A wider spread (IQR: RM 66.00) and deviation (MAD: RM 46) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
