KAMPUNG BARU MACHAP

KAMPUNG BARU MACHAP in Alor Gajah, Melaka recorded 2 subsale transactions in 2024, with a median price of RM 188K and a median price per square foot (PSF) of RM 66.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 188K, with most transactions falling within a stable range of RM 85K to RM 290K, and a typical market range of RM 173K to RM 202K.

Most transactions involved condominium/apartment, with high diversity across multiple property types.

Price per square foot shows a median of RM 66, though individual units vary from RM 41 to RM 90 in the core range. The broader market spans RM 39.50 to RM 91.50, indicating diverse property characteristics. A wider spread (IQR: RM 52.00) and deviation (MAD: RM 25) 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.