BANDAR BARU SIMPANG EMPAT

Area Intelligence
2022
Median Price
RM 355,000
PSF: RM 207

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 500K to RM 415K, and a typical market range of RM 500K to RM 405K.

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 207, with most transactions between RM 204 and RM 210. The usual range is RM 162.75 to RM 251.25, showing that most units are priced quite close to each other. With an IQR of RM 88.50 and MAD of RM 3, 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 grouped by size

2,300 sqft
Double Storey Shop
RM 500,000
JALAN BBSE 2
2,282 sqft · RM 219 PSF
2,750 sqft
Double Storey Shop
RM 620,000
JALAN BBSE 3
2,756 sqft · RM 225 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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