|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level 4
|
RM 85,000
|
RM 90
|
947 sqft
|
|
Flat |
| 2023 | |||||
|
Level 3
|
RM 115,000
|
RM 121
|
947 sqft
|
|
Condo |
| 2022 | |||||
|
Level 1
|
RM 118,000
|
RM 126
|
936 sqft
|
|
Condo |
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Kampung Machap Baru, 76100 Alor Gajah, Melaka, Malaysia
MapsKampung Baru Machap in Alor Gajah, Melaka recorded 3 subsale transactions between 2021 and 2026, sized between 925 and 974 sqft, with a median price of RM 115K and a median price per square foot (PSF) of RM 121.
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 115K, with most transactions falling within a stable range of RM 100K to RM 118K, and a typical market range of RM 101K to RM 118K.
Most transactions involved condominium/apartment, with high diversity across multiple property types.
The median PSF stands at RM 121, with core pricing between RM 105 and RM 138. Market pricing typically extends from RM 95.41 to RM 147.41, reflecting moderate variation in unit pricing. With an IQR of RM 52.00 and MAD of RM 16, 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.