Area Intelligence

KPG GHAFAR BABA

2 properties
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Median Price
RM 282,500
PSF: RM 22

Residential Market

Median Price

RM 282,500

IQR: RM 2
MAD: RM 2
RM 22 PSF

PSF Trends (2021-2025)

KPG GHAFAR BABA in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 283K and a median price per square foot (PSF) of RM 22.

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 283K, with most transactions falling within a stable range of RM 265K to RM 300K, and a typical market range of RM 274K to RM 291K.

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

For price per square foot, the median is RM 22, with most transactions between RM 20 and RM 24. The usual range is RM 21.00 to RM 23.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 2.00 and an average deviation (MAD) of RM 2 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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KPG GHAFAR BABA, Melaka Tengah, Melaka

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Transactions

2 properties found

Detached JALAN KG, GHAFAR BABA
RM 300,000
12,723 sqft Feb 2025
RM 24.00 PSF
Detached LORONG GHAFFAR BABA 1
RM 265,000
13,353 sqft Jun 2024
RM 20.00 PSF