Area Intelligence

KPG BARU TUN RAZAK

4 properties
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Median Price
RM 517,500
PSF: RM 104

Residential Market

Median Price

RM 517,500

IQR: RM 38
MAD: RM 26
RM 104 PSF 0.5%

PSF Trends (2021-2025)

KPG BARU TUN RAZAK in Melaka Tengah, Melaka recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 518K and a median price per square foot (PSF) of RM 104.

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 518K, with most transactions falling within a stable range of RM 408K to RM 628K, and a typical market range of RM 430K to RM 605K.

Most transactions involved detached, with minimal variety in property types.

Price per square foot shows a median of RM 104, though individual units vary from RM 78 to RM 130 in the core range. The broader market spans RM 85.25 to RM 122.75, indicating diverse property characteristics. A wider spread (IQR: RM 37.50) and deviation (MAD: RM 26) 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.

Area Location

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KPG BARU TUN RAZAK, Melaka Tengah, Melaka

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Transactions

4 properties grouped by size

4,700 sqft
1 units Detached
RM 695,000
KG TUN RAZAK
4,682 sqft · RM 148.00 PSF
Jan 2024
4,950 sqft
1 units Detached
RM 475,000
JALAN KG TUN RAZAK
4,930 sqft · RM 96.00 PSF
May 2022
5,000 sqft
1 units Detached
RM 560,000
JLN WAKAF
5,005 sqft · RM 112.00 PSF
Feb 2023
5,450 sqft
1 units Detached
RM 250,000
JLN WAKAF
5,447 sqft · RM 46.00 PSF
Mar 2024