KPG BARU TUN RAZAK in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 585K and a median price per square foot (PSF) of RM 122.
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 585K, with most transactions falling within a stable range of RM 475K to RM 695K, and a typical market range of RM 498K to RM 673K.
Most transactions involved detached, with minimal variety in property types.
Price per square foot shows a median of RM 122, though individual units vary from RM 96 to RM 148 in the core range. The broader market spans RM 103.25 to RM 140.75, indicating diverse property characteristics. The spread of RM 37.50 (IQR) and deviation of RM 26 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.