Bandar Baru Simpang Empat

Jalan BBSE Utama, Kampung Balik Mungkar, 78000 Alor Gajah, Melaka, Malaysia

Property Transactions

4 subsales grouped by size

Median
RM 260,000
PSF
RM 131
Price Size
1,400 sqft
Terrace
RM 185,000
Jalan Bandar Baru
1,410 sqft · RM 131 PSF
RM 185,000
Jalan Bandar Baru
1,410 sqft · RM 131 PSF
1,950 sqft
2-Sty Terrace
RM 335,000
Jalan Bbse 5
1,970 sqft · RM 170 PSF
2,950 sqft
2-Sty Shop
RM 360,000
Jalan Bbse 2
2,928 sqft · RM 123 PSF
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Market Snapshot

RM 185,000

RM 131 psf

Median transaction price

RM 360,000

RM 123 psf

Median transaction price

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Jalan BBSE Utama, Kampung Balik Mungkar, 78000 Alor Gajah, Melaka, Malaysia

Maps

Bandar 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.