BANDAR BARU SIMPANG EMPAT

BANDAR BARU SIMPANG EMPAT in Alor Gajah, Melaka recorded 7 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 350K 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 350K, with most transactions falling within a stable range of RM 285K to RM 468K, and a typical market range of RM 300K to RM 400K.

Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 219, with most transactions between RM 200 and RM 238. The usual range is RM 174.75 to RM 263.25, showing that most units are priced quite close to each other. With an IQR of RM 88.50 and MAD of RM 19, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.