Area Intelligence

BDR BARU SIMPANG EMPAT

4 properties
2021
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Median Price
RM 260,000
PSF: RM 183

Residential Market

Median Price

RM 185,000

IQR: RM 111
MAD: RM 45
RM 131 PSF 19.8%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 360,000

IQR: RM 35
MAD: RM 15
RM 234 PSF 7.2%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

BDR BARU SIMPANG EMPAT in Alor Gajah, Melaka recorded 4 subsale transactions in 2021, with a median price of RM 260K and a median price per square foot (PSF) of RM 183.

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 260K, with most transactions falling within a stable range of RM 185K to RM 342K, and a typical market range of RM 210K to RM 310K.

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

Price per square foot shows a median of RM 183, though individual units vary from RM 130 to RM 235 in the core range. The broader market spans RM 138.25 to RM 226.75, indicating diverse property characteristics. A wider spread (IQR: RM 88.50) and deviation (MAD: RM 53) indicate significant PSF variations, likely due to diverse property types or conditions.

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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BDR BARU SIMPANG EMPAT, Alor Gajah, Melaka

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Transactions

4 properties grouped by size

1,400 sqft
3 units
RM 335,000
Double Storey Terraced JALAN BBSE 5
1,399 sqft · RM 239.00 PSF
Oct 2021
RM 185,000
Single Storey Terraced JALAN BANDAR BARU
1,410 sqft · RM 131.00 PSF
Sep 2021
RM 185,000
Single Storey Terraced JALAN BANDAR BARU
1,410 sqft · RM 131.00 PSF
Apr 2021
1,550 sqft
1 units Double Storey Shop
RM 360,000
JLN BBSE 2
1,539 sqft · RM 234.00 PSF
Dec 2021