Area Intelligence

BDR BARU SIMPANG EMPAT

8 properties
2022
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Median Price
RM 355,000
PSF: RM 207

Residential Market

Median Price

RM 300,000

IQR: RM 111
MAD: RM 45
RM 136 PSF 19.8%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 425,000

IQR: RM 35
MAD: RM 15
RM 222 PSF 7.2%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

BDR BARU SIMPANG EMPAT in Alor Gajah, Melaka recorded 8 subsale transactions in 2022, with a median price of RM 355K and a median price per square foot (PSF) of RM 207.

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 355K, with most transactions falling within a stable range of RM 229K to RM 481K, and a typical market range of RM 305K to RM 405K.

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 207, though individual units vary from RM 160 to RM 254 in the core range. The broader market spans RM 162.75 to RM 251.25, indicating diverse property characteristics. The spread of RM 88.50 (IQR) and deviation of RM 47 (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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BDR BARU SIMPANG EMPAT, Alor Gajah, Melaka

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Transactions

8 properties grouped by size

1,400 sqft
1 units Double Storey Terraced
RM 360,000
JLN BBSE 6
1,399 sqft · RM 257.00 PSF
Dec 2022
1,550 sqft
2 units Double Storey Shop
RM 350,000
OFF AMJ - SIMPANG AMPAT
1,539 sqft · RM 227.00 PSF
Dec 2022
RM 300,000
JALAN BBSE 3
1,539 sqft · RM 195.00 PSF
Jul 2022
1,600 sqft
1 units Single Storey Terraced
RM 210,000
JALAN BANDAR BARU SIMPANG EMPAT 9
1,582 sqft · RM 133.00 PSF
May 2022
1,750 sqft
1 units Single Storey Terraced
RM 240,000
JALAN BANDAR BARU
1,733 sqft · RM 138.00 PSF
Nov 2022
2,300 sqft
1 units Double Storey Shop
RM 500,000
JLN BBSE 2
2,282 sqft · RM 219.00 PSF
Nov 2022
2,750 sqft
2 units
RM 620,000
Double Storey Shop JALAN BBSE 3
2,756 sqft · RM 225.00 PSF
Sep 2022
RM 360,000
Single Storey Terraced JALAN BBSE 8
2,756 sqft · RM 131.00 PSF
Jun 2022