BANDAR BARU SIMPANG EMPAT in Alor Gajah, Melaka recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 500K and a median price per square foot (PSF) of RM 219.
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 500K, with most transactions falling within a stable range of RM 453K to RM 547K, and a typical market range of RM 450K to RM 550K.
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 219, though individual units vary from RM 175 to RM 263 in the core range. The broader market spans RM 174.75 to RM 263.25, indicating diverse property characteristics. The spread of RM 88.50 (IQR) and deviation of RM 44 (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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.
