KG BARU MACHAP

KG BARU MACHAP in Alor Gajah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 108K and a median price per square foot (PSF) of RM 128.

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 108K, with most transactions falling within a stable range of RM 100K to RM 115K, and a typical market range of RM 100K to RM 115K.

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

For price per square foot, the median is RM 128, with most transactions between RM 121 and RM 135. The usual range is RM 102.00 to RM 154.00, showing that most units are priced quite close to each other. With an IQR of RM 52.00 and MAD of RM 7, 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.