Melaka
Alor Gajah
Masjid Tanah
TAMAN BANDAR BARU MASJID TANAH

TAMAN BANDAR BARU MASJID TANAH

Area Intelligence

2022

Median Price

RM 440,000

PSF: RM 169

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Residential PSF Trends

Median Price

RM 245,000

PSF: RM 149

TAMAN BANDAR BARU MASJID TANAH in Alor Gajah, Melaka recorded 2 subsale transactions in 2022, priced between RM 300K and RM 500K, with a median price of RM 440K and a median price per square foot (PSF) of RM 169.

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 440K, with most transactions falling within a stable range of RM 430K to RM 450K, and a typical market range of RM 430K to RM 450K.

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

For price per square foot, the median is RM 169, with most transactions between RM 165 and RM 173. The usual range is RM 135.91 to RM 201.91, showing that most units are priced quite close to each other. With an IQR of RM 66.00 and MAD of RM 4, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. 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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