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. The median price is RM 288K, with most transactions falling within a stable range of RM 270K to RM 327K, and a typical market range of RM 270K to RM 338K.

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

The median PSF stands at RM 193, with core pricing between RM 161 and RM 225. Market pricing typically extends from RM 148.75 to RM 237.25, reflecting moderate variation in unit pricing. The spread of RM 88.50 (IQR) and deviation of RM 32 (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.

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BANDAR BARU SIMPANG EMPAT, Alor Gajah, Melaka

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Transactions

3 transactions grouped by size

1,400 sqft
RM 270,000
JALAN UTAMA BBSE
1,399 sqft · RM 193 PSF
RM 360,000
JALAN BBSE 6
1,399 sqft · RM 257 PSF
1,550 sqft
Double Storey Shop
RM 288,000
JALAN BBSE 2
1,539 sqft · RM 187 PSF

No Properties For Sale

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

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