Melaka
Alor Gajah
Taboh Naning
BANDAR BARU SIMPANG EMPAT

BANDAR BARU SIMPANG EMPAT

Area Intelligence

2021

Median Price

RM 260,000

PSF: RM 183

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Residential PSF Trends

Median Price

RM 185,000

PSF: RM 131

Commercial PSF Trends

Median Price

RM 360,000

RM 234 PSF

BANDAR BARU SIMPANG EMPAT in Alor Gajah, Melaka recorded 4 subsale transactions in 2021, with a median price of RM 260K and a median price per square foot (PSF) of RM 183.

This area contains both residential and commercial properties. View 12 residential properties or 7 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.

For price per square foot, the median is RM 183, with most transactions between RM 183 and RM 183. The usual range is RM 138.25 to RM 226.75, showing that most units are priced quite close to each other. With an IQR of RM 88.50 and MAD of RM 0, 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. 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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BANDAR BARU SIMPANG EMPAT, Alor Gajah, Melaka

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Transactions

2 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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RM 185,000

JALAN BANDAR BARU

1,410 sqft • RM 131.00 PSF

Sep 2021

RM 185,000

JALAN BANDAR BARU

1,410 sqft • RM 131.00 PSF

Apr 2021

Road	Price	Land PSF	Land	Date	Type
JALAN BANDAR BARU	RM 185,000	RM 131.00	1,410 sqft	Sep 2021	Single Storey Terraced
JALAN BANDAR BARU	RM 185,000	RM 131.00	1,410 sqft	Apr 2021	Single Storey Terraced