Melaka
Alor Gajah
Taboh Naning
BANDAR BARU SIMPANG EMPAT

BANDAR BARU SIMPANG EMPAT

Area Intelligence

2022

Median Price

RM 355,000

PSF: RM 207

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Residential PSF Trends

Median Price

RM 300,000

PSF: RM 136

Commercial PSF Trends

Median Price

RM 425,000

RM 222 PSF

BANDAR BARU SIMPANG EMPAT in Alor Gajah, Melaka recorded 8 subsale transactions in 2022, with a median price of RM 355K and a median price per square foot (PSF) of RM 207.

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. The median price is RM 355K, with most transactions falling within a stable range of RM 229K to RM 481K, and a typical market range of RM 305K to RM 405K.

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

Price per square foot shows a median of RM 207, though individual units vary from RM 160 to RM 254 in the core range. The broader market spans RM 162.75 to RM 251.25, indicating diverse property characteristics. The spread of RM 88.50 (IQR) and deviation of RM 47 (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.

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BANDAR BARU SIMPANG EMPAT, Alor Gajah, Melaka

OSM

Track location

Transactions

8 transactions found

Popular Ranges

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

Custom Range

Min Price (RM)

Max Price (RM)

Clear

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

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 350,000

OFF AMJ - SIMPANG AMPAT

1,539 sqft • RM 227.00 PSF

Dec 2022

RM 360,000

JALAN BBSE 6

1,399 sqft • RM 257.00 PSF

Dec 2022

RM 240,000

JALAN BANDAR BARU

1,733 sqft • RM 138.00 PSF

Nov 2022

RM 500,000

JALAN BBSE 2

2,282 sqft • RM 219.00 PSF

Nov 2022

RM 620,000

JALAN BBSE 3

2,756 sqft • RM 225.00 PSF

Sep 2022

RM 300,000

JALAN BBSE 3

1,539 sqft • RM 195.00 PSF

Jul 2022

RM 360,000

JALAN BBSE 8

2,756 sqft • RM 131.00 PSF

Jun 2022

RM 210,000

JALAN BANDAR BARU SIMPANG EMPAT 9

1,582 sqft • RM 133.00 PSF

May 2022

Road	Price	Land PSF	Land	Date	Type
OFF AMJ - SIMPANG AMPAT	RM 350,000	RM 227.00	1,539 sqft	Dec 2022	Double Storey Shop
JALAN BBSE 6	RM 360,000	RM 257.00	1,399 sqft	Dec 2022	Double Storey Terraced
JALAN BANDAR BARU	RM 240,000	RM 138.00	1,733 sqft	Nov 2022	Single Storey Terraced
JALAN BBSE 2	RM 500,000	RM 219.00	2,282 sqft	Nov 2022	Double Storey Shop
JALAN BBSE 3	RM 620,000	RM 225.00	2,756 sqft	Sep 2022	Double Storey Shop
JALAN BBSE 3	RM 300,000	RM 195.00	1,539 sqft	Jul 2022	Double Storey Shop
JALAN BBSE 8	RM 360,000	RM 131.00	2,756 sqft	Jun 2022	Single Storey Terraced
JALAN BANDAR BARU SIMPANG EMPAT 9	RM 210,000	RM 133.00	1,582 sqft	May 2022	Single Storey Terraced