Masjid Tanah New Township Fasa 2

Masjid Tanah, Malacca, Malaysia

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Selling in Masjid Tanah New Township Fasa 2? Homes here sold for a median of RM430,000.

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Masjid Tanah New Township Fasa 2 in Alor Gajah, Melaka recorded 0 subsale transactions in 2021, with a median price of RM430K and a median price per square foot (PSF) of RM280.

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 RM430K, with most transactions falling within a stable range of RM365K to RM495K, and a typical market range of RM336K to RM524K.

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

The median PSF stands at RM280, with core pricing between RM237 and RM322. Market pricing typically extends from RM240.50 to RM318.50, reflecting moderate variation in unit pricing. The spread of RM78.00 (IQR) and deviation of RM43 (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.