Area Intelligence

BANDAR BARU ALOR GAJAH

1 properties
2024
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Median Price
RM 1,250,000
PSF: RM 812

Commercial Market

Median Price

RM 1,250,000

IQR: RM 120
MAD: RM 32
RM 812 PSF 2.0%

PSF Trends (2021-2025)

BANDAR BARU ALOR GAJAH in Alor Gajah, Melaka recorded 1 subsale transactions in 2024, with a median price of RM 1.25 million and a median price per square foot (PSF) of RM 812.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 812, with most transactions between RM 812 and RM 812. The usual range is RM 752.00 to RM 872.00, showing that most units are priced quite close to each other. With an IQR of RM 120.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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BANDAR BARU ALOR GAJAH, Alor Gajah, Melaka

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Transactions

1 properties found

3-Storey Storey Shop JALAN ALOR GAJAH
RM 1,250,000
1,539 sqft Feb 2024
RM 812.00 PSF