BANDAR BARU SIMPANG EMPAT

Area Intelligence
2024
Median Price
RM 288,000
PSF: RM 193

Residential PSF Trends

Median Price

RM 315,000

PSF: RM 225

Commercial PSF Trends

Median Price

RM 288,000

RM 187 PSF

BANDAR BARU SIMPANG EMPAT in Alor Gajah, Melaka recorded 3 subsale transactions in 2024, with a median price of RM 288K and a median price per square foot (PSF) of RM 193.

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.

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 193, with most transactions between RM 193 and RM 193. The usual range is RM 148.75 to RM 237.25, showing that most units are priced quite close to each other. With an IQR of RM 88.50 and MAD of RM 0, 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

1 transactions grouped by size

1,400 sqft
Double Storey Terraced
RM 360,000
JALAN BBSE 6
1,399 sqft · RM 257 PSF

No Properties For Sale

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

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