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 318K to RM 300K, and a typical market range of RM 305K to RM 300K.

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

The median PSF stands at RM 207, with core pricing between RM 179 and RM 235. Market pricing typically extends from RM 162.75 to RM 251.25, reflecting moderate variation in unit pricing. With an IQR of RM 88.50 and MAD of RM 28, 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

3 transactions grouped by size

1,550 sqft
Double Storey Shop
RM 300,000
JALAN BBSE 3
1,539 sqft · RM 195 PSF
1,600 sqft
Single Storey Terraced
RM 210,000
JALAN BANDAR BARU SIMPANG EMPAT 9
1,582 sqft · RM 133 PSF
1,750 sqft
Single Storey Terraced
RM 240,000
JALAN BANDAR BARU
1,733 sqft · RM 138 PSF

No Properties For Sale

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

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