Property Type
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Jalan Utama Bbse
|
RM 270,000
|
RM 193
|
1,399 sqft
|
|
Terrace |
| 2021 | |||||
|
Jalan Bandar Baru
|
RM 185,000
|
RM 131
|
1,410 sqft
|
|
Terrace |
|
Jalan Bandar Baru
|
RM 185,000
|
RM 131
|
1,410 sqft
|
|
Terrace |
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Market Snapshot
RM 185,000
RM 131 psfMedian transaction price
RM 350,000
RM 219 psfMedian transaction price
Jalan BBSE Utama, Kampung Balik Mungkar, 78000 Alor Gajah, Melaka, Malaysia
MapsBandar Baru Simpang Empat in Alor Gajah, Melaka recorded 3 subsale transactions between 2021 and 2026, sized between 1,375 and 1,424 sqft, with a median price of RM 185K and a median price per square foot (PSF) of RM 131.
This area contains both residential and commercial properties. View 13 residential properties or 7 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 185K, with most transactions falling within a stable range of RM 185K to RM 225K, and a typical market range of RM 185K to RM 233K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 131, though individual units vary from RM 102 to RM 160 in the core range. The broader market spans RM 90.07 to RM 172.33, indicating diverse property characteristics. The spread of RM 82.25 (IQR) and deviation of RM 29 (MAD) suggest moderate price variations reflecting different property features.
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.