Area Intelligence

KG BARU BKT LARANG

1 properties
2023
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Median Price
RM 440,000
PSF: RM 36

Residential Market

Median Price

RM 440,000

IQR: RM 20
MAD: RM 20
RM 36 PSF 108.3%

PSF Trends (2021-2025)

KG BARU BKT LARANG in Melaka Tengah, Melaka recorded 1 subsale transactions in 2023, with a median price of RM 440K and a median price per square foot (PSF) of RM 36.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 36, with most transactions between RM 36 and RM 36. The usual range is RM 26.25 to RM 45.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 19.50 and an average deviation (MAD) of RM 0 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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KG BARU BKT LARANG, Melaka Tengah, Melaka

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Transactions

1 properties grouped by size

12,100 sqft
1 units Detached
RM 440,000
JLN UTAMA
12,077 sqft · RM 36.00 PSF
Jul 2023