BANDAR BARU SIMPANG EMPAT in Alor Gajah, Melaka recorded 0 3-Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey shop properties, with a median price of RM 335K and a median price per square foot (PSF) of RM 195.
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 335K, with most transactions falling within a stable range of RM 288K to RM 382K, and a typical market range of RM 285K to RM 385K.
Within the 3-Storey Shop category, 2 - 2 1/2 storey shop dominated the market, with high diversity across multiple property types.
Price per square foot shows a median of RM 195, though individual units vary from RM 151 to RM 239 in the core range. The broader market spans RM 150.75 to RM 239.25, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
