Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Bandar Baru Simpang Empat 9
|
RM 210,000
|
RM 133
|
1,582 sqft
|
|
|
Jalan Bandar Baru
|
RM 240,000
|
RM 138
|
1,733 sqft
|
|
|
Jalan Bbse 6
|
RM 360,000
|
RM 183
|
1,970 sqft
|
|
|
Jalan Bbse 8
|
RM 360,000
|
RM 131
|
2,756 sqft
|
|
|
Off Amj - Simpang Ampat
|
RM 350,000
|
RM 120
|
2,928 sqft
|
|
|
|
Jalan Bbse 2
|
RM 500,000
|
RM 171
|
2,928 sqft
|
|
|
|
Jalan Bbse 3
|
RM 300,000
|
RM 102
|
2,928 sqft
|
|
|
Jalan Bbse 3
|
RM 620,000
|
RM 176
|
3,520 sqft
|
|
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Market Snapshot
RM 300,000
RM 136 psfMedian transaction price
RM 425,000
RM 145 psfMedian transaction price
Jalan BBSE Utama, Kampung Balik Mungkar, 78000 Alor Gajah, Melaka, Malaysia
MapsBandar Baru Simpang Empat in Alor Gajah, Melaka recorded 8 subsale transactions in 2022, with a median price of RM 355K and a median price per square foot (PSF) of RM 136.
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 355K, with most transactions falling within a stable range of RM 229K to RM 481K, and a typical market range of RM 308K to RM 403K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 136, though individual units vary from RM 108 to RM 163 in the core range. The broader market spans RM 94.48 to RM 176.73, indicating diverse property characteristics. The spread of RM 82.25 (IQR) and deviation of RM 27 (MAD) suggest moderate price variations reflecting different property features.
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.