Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Bandar Baru
|
RM 185,000
|
RM 131
|
1,410 sqft
|
|
|
|
Jalan Bandar Baru
|
RM 185,000
|
RM 131
|
1,410 sqft
|
|
|
Jalan Bbse 5
|
RM 335,000
|
RM 170
|
1,970 sqft
|
|
|
Jalan Bbse 2
|
RM 360,000
|
RM 123
|
2,928 sqft
|
|
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Market Snapshot
RM 185,000
RM 131 psfMedian transaction price
RM 360,000
RM 123 psfMedian transaction price
Jalan BBSE Utama, Kampung Balik Mungkar, 78000 Alor Gajah, Melaka, Malaysia
MapsBandar Baru Simpang Empat in Alor Gajah, Melaka recorded 4 subsale transactions in 2021, with a median price of RM 260K and a median price per square foot (PSF) of RM 131.
This area contains both residential and commercial properties. View 13 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 260K, with most transactions falling within a stable range of RM 185K to RM 342K, and a typical market range of RM 213K to RM 308K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 131, with core pricing between RM 113 and RM 150. Market pricing typically extends from RM 90.07 to RM 172.33, reflecting moderate variation in unit pricing. With an IQR of RM 82.25 and MAD of RM 18, 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.