MASJID TANAH NEW TOWNSHIP FASA 2

MASJID TANAH NEW TOWNSHIP FASA 2 in Alor Gajah, Melaka recorded 3 subsale transactions in 2022, with a median price of RM 480K and a median price per square foot (PSF) of RM 312.

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 480K, with most transactions falling within a stable range of RM 380K to RM 659K, and a typical market range of RM 386K to RM 574K.

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

The median PSF stands at RM 312, with core pricing between RM 272 and RM 352. Market pricing typically extends from RM 273.00 to RM 351.00, reflecting moderate variation in unit pricing. With an IQR of RM 78.00 and MAD of RM 40, the PSF demonstrates reasonable consistency across the market.

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.