Melaka
Alor Gajah
Taboh Naning
BANDAR BARU SIMPANG EMPAT

BANDAR BARU SIMPANG EMPAT

Area Intelligence

2023

Median Price

RM 310,000

PSF: RM 212

Facebook X (Twitter)

Residential PSF Trends

Median Price

RM 335,000

PSF: RM 239

Commercial PSF Trends

Median Price

RM 285,000

RM 185 PSF

BANDAR BARU SIMPANG EMPAT in Alor Gajah, Melaka recorded 4 subsale transactions in 2023, with a median price of RM 310K and a median price per square foot (PSF) of RM 212.

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 310K, with most transactions falling within a stable range of RM 267K to RM 353K, and a typical market range of RM 260K to RM 360K.

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

The median PSF stands at RM 212, with core pricing between RM 172 and RM 252. Market pricing typically extends from RM 167.75 to RM 256.25, reflecting moderate variation in unit pricing. The spread of RM 88.50 (IQR) and deviation of RM 40 (MAD) suggest moderate price variations reflecting different property features.

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.

Loading map...

BANDAR BARU SIMPANG EMPAT, Alor Gajah, Melaka

OSM

Track location

Transactions

4 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 250,000

JALAN BANDAR BARU SIMPANG EMPAT 9

1,582 sqft • RM 158.00 PSF

Dec 2023

RM 285,000

JALAN BBSE 3

1,539 sqft • RM 185.00 PSF

Jul 2023

RM 335,000

JALAN BBSE 6

1,399 sqft • RM 239.00 PSF

May 2023

RM 360,000

JALAN BBSE 6

1,399 sqft • RM 257.00 PSF

Jan 2023

Road	Price	Land PSF	Land	Date	Type
JALAN BANDAR BARU SIMPANG EMPAT 9	RM 250,000	RM 158.00	1,582 sqft	Dec 2023	Single Storey Terraced
JALAN BBSE 3	RM 285,000	RM 185.00	1,539 sqft	Jul 2023	Double Storey Shop
JALAN BBSE 6	RM 335,000	RM 239.00	1,399 sqft	May 2023	Double Storey Terraced
JALAN BBSE 6	RM 360,000	RM 257.00	1,399 sqft	Jan 2023	Double Storey Terraced