Bandar Baru Simpang Empat

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

Property Transactions

3 subsales grouped by size

Median
RM 288,000
PSF
RM 183
Price Size
1,400 sqft
Terrace
RM 270,000
Jalan Utama Bbse
1,399 sqft · RM 193 PSF
1,950 sqft
2-Sty Terrace
RM 360,000
Jalan Bbse 6
1,970 sqft · RM 183 PSF
2,950 sqft
2-Sty Shop
RM 288,000
Jalan Bbse 2
2,928 sqft · RM 98 PSF
Legend Recent Highest Price Highest PSF
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Market Snapshot

RM 315,000

RM 188 psf

Median transaction price

RM 288,000

RM 98 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 3 subsale transactions in 2024, with a median price of RM 288K and a median price per square foot (PSF) of RM 183.

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 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 336K.

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 183, though individual units vary from RM 140 to RM 225 in the core range. The broader market spans RM 141.64 to RM 223.89, indicating diverse property characteristics. The spread of RM 82.25 (IQR) and deviation of RM 42 (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.