Area Intelligence

MASJID TANAH NEW TOWNSHIP FASA 2

4 properties
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Median Price
RM 430,000
PSF: RM 280

Commercial Market

Median Price

RM 430,000

IQR: RM 78
MAD: RM 43
RM 280 PSF 27.2%

PSF Trends (2021-2025)

MASJID TANAH NEW TOWNSHIP FASA 2 in Alor Gajah, Melaka recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 430K and a median price per square foot (PSF) of RM 280.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 430K, with most transactions falling within a stable range of RM 365K to RM 495K, and a typical market range of RM 350K to RM 524K.

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

The median PSF stands at RM 280, with core pricing between RM 237 and RM 322. Market pricing typically extends from RM 240.50 to RM 318.50, reflecting moderate variation in unit pricing. The spread of RM 78.00 (IQR) and deviation of RM 43 (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.

Area Location

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MASJID TANAH NEW TOWNSHIP FASA 2, Alor Gajah, Melaka

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Transactions

4 properties grouped by size

1,550 sqft
3 units Double Storey Shop
RM 350,000
JLN TMN BANDAR BARU
1,539 sqft · RM 227.00 PSF
Jul 2023
RM 380,000
JLN TMN BANDAR BARU
1,539 sqft · RM 247.00 PSF
Oct 2022
RM 480,000
KOMPLEKS PERNIAGAAN M TANAH
1,539 sqft · RM 312.00 PSF
Apr 2022
2,350 sqft
1 units Double Storey Shop
RM 800,000
JALAN PUSAT PERNIAGAAN MASJID TANAH
2,325 sqft · RM 344.00 PSF
Jan 2022