TAMAN BANDAR BARU MASJID TANAH

Area Intelligence
2024
Median Price
RM 260,000
PSF: RM 163

Residential PSF Trends

Median Price

RM 250,000

PSF: RM 151

Commercial PSF Trends

Median Price

RM 600,000

RM 395 PSF

TAMAN BANDAR BARU MASJID TANAH in Alor Gajah, Melaka recorded 4 subsale transactions in 2024, with a median price of RM 260K and a median price per square foot (PSF) of RM 163.

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 260K, with most transactions falling within a stable range of RM 200K to RM 418K, and a typical market range of RM 228K to RM 293K.

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 163, though individual units vary from RM 60 to RM 266 in the core range. The broader market spans RM 130.00 to RM 196.00, indicating diverse property characteristics. A wider spread (IQR: RM 66.00) and deviation (MAD: RM 103) 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.

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TAMAN BANDAR BARU MASJID TANAH, Alor Gajah, Melaka

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Transactions

4 transactions grouped by size

1,300 sqft
Single Storey Terraced
RM 200,000
BANDAR BARU 4
1,324 sqft · RM 151 PSF
1,450 sqft
Single Storey Terraced
RM 250,000
JALAN TBBMT 2
1,432 sqft · RM 175 PSF
1,500 sqft
Double Storey Shop
RM 600,000
JALAN BANDAR BARU M TANAH UTAMA
1,518 sqft · RM 395 PSF
1,850 sqft
Single Storey Terraced
RM 270,000
JALAN TBBMT 15
1,851 sqft · RM 146 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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