Melaka
Alor Gajah
Masjid Tanah
TAMAN BANDAR BARU MASJID TANAH

TAMAN BANDAR BARU MASJID TANAH

Area Intelligence

2024

Median Price

RM 475,000

PSF: RM 160

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Residential PSF Trends

Median Price

RM 350,000

PSF: RM 99

TAMAN BANDAR BARU MASJID TANAH in Alor Gajah, Melaka recorded 2 subsale transactions in 2024, priced between RM 300K and RM 750K, with a median price of RM 475K and a median price per square foot (PSF) of RM 160.

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 475K, with most transactions falling within a stable range of RM 350K to RM 600K, and a typical market range of RM 443K to RM 508K.

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 160, though individual units vary from RM 99 to RM 221 in the core range. The broader market spans RM 126.87 to RM 192.87, indicating diverse property characteristics. A wider spread (IQR: RM 66.00) and deviation (MAD: RM 61) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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TAMAN BANDAR BARU MASJID TANAH, Alor Gajah, Melaka

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