TAMAN BANDAR BARU MASJID TANAH

Area Intelligence
3 subsale transactions
2022
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Median Price
RM 430,000
PSF: RM 268

Residential PSF Trends

Median Price

RM 260,000

PSF: RM 165

Commercial PSF Trends

Median Price

RM 440,000

RM 303 PSF

TAMAN BANDAR BARU MASJID TANAH in Alor Gajah, Melaka recorded 3 subsale transactions in 2022, with a median price of RM 430K and a median price per square foot (PSF) of RM 268.

This area contains both residential and commercial properties. View 15 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 430K, with most transactions falling within a stable range of RM 345K to RM 450K, and a typical market range of RM 388K to RM 450K.

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 268, though individual units vary from RM 197 to RM 339 in the core range. The broader market spans RM 233.63 to RM 302.38, indicating diverse property characteristics. A wider spread (IQR: RM 68.75) and deviation (MAD: RM 71) 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

OSM

Transactions

3 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
1,350 sqft
Double Storey Shop
RM 450,000
JALAN BANDAR BARU M TANAH UTAMA
1,335 sqft · RM 337.00 PSF
Jul 2022
1,550 sqft
Single Storey Terraced
RM 260,000
JALAN TAMAN BANDAR BARU 1
1,572 sqft · RM 165.00 PSF
Mar 2022
1,600 sqft
Double Storey Shop
RM 430,000
JALAN TBBMT UTAMA
1,604 sqft · RM 268.00 PSF
May 2022