Area Intelligence

BDR BARU SIMPANG EMPAT

4 properties
2023
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Median Price
RM 310,000
PSF: RM 212

Residential Market

Median Price

RM 335,000

IQR: RM 111
MAD: RM 45
RM 239 PSF 19.8%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 285,000

IQR: RM 35
MAD: RM 15
RM 185 PSF 7.2%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

BDR BARU SIMPANG EMPAT in Alor Gajah, Melaka recorded 4 subsale transactions in 2023, with a median price of RM 310K and a median price per square foot (PSF) of RM 212.

This area contains both residential and commercial properties. View 12 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 310K, with most transactions falling within a stable range of RM 267K to RM 353K, and a typical market range of RM 260K to RM 360K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 212, with core pricing between RM 172 and RM 252. Market pricing typically extends from RM 167.75 to RM 256.25, reflecting moderate variation in unit pricing. The spread of RM 88.50 (IQR) and deviation of RM 40 (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.

Area Location

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BDR BARU SIMPANG EMPAT, Alor Gajah, Melaka

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Transactions

4 properties found

Single Storey Terraced JALAN BANDAR BARU SIMPANG EMPAT 9
RM 250,000
1,582 sqft Dec 2023
RM 158.00 PSF
Double Storey Shop JALAN BBSE 3
RM 285,000
1,539 sqft Jul 2023
RM 185.00 PSF
Double Storey Terraced JALAN BBSE 6
RM 335,000
1,399 sqft May 2023
RM 239.00 PSF
Double Storey Terraced JLN BBSE 6
RM 360,000
1,399 sqft Jan 2023
RM 257.00 PSF