KPG GHAFAR BABA in Melaka Tengah, Melaka recorded 1 subsale transactions in 2024, with a median price of RM 265K and a median price per square foot (PSF) of RM 20.
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 265K, with most transactions falling within a stable range of RM 230K to RM 300K, and a typical market range of RM 231K to RM 299K.
Most transactions involved detached, with minimal variety in property types.
Price per square foot shows a median of RM 20, though individual units vary from RM 16 to RM 24 in the core range. The broader market spans RM 16.25 to RM 23.75, indicating diverse property characteristics. The spread of RM 7.50 (IQR) and deviation of RM 4 (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.