Iks Air Panas

Air Panas, Malacca, Malaysia

Property Transactions

3 subsales grouped by size

Median
RM 300,000
PSF
RM 160
Price Size
950 sqft
Terrace Factory
RM 300,000
Off Bemban - Kesang Tua
958 sqft · RM 313 PSF
1,850 sqft
1-Sty Shop
RM 300,000
Jalan Air Panas
1,873 sqft · RM 160 PSF
3,350 sqft
Semi-D Factory
RM 340,000
Jalan Iks
3,358 sqft · RM 101 PSF
Legend Recent Highest Price Highest PSF
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· here

Iks Air Panas in Jasin, Melaka recorded 3 subsale transactions in 2023, with a median price of RM 300K and a median price per square foot (PSF) of RM 160.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 300K, with most transactions falling within a stable range of RM 300K to RM 319K, and a typical market range of RM 300K to RM 340K.

Most transactions involved terraced factory/warehouse, with moderate diversity in property types available.

Price per square foot shows a median of RM 160, though individual units vary from RM 71 to RM 249 in the core range. The broader market spans RM 133.68 to RM 186.68, indicating diverse property characteristics. A wider spread (IQR: RM 53.00) and deviation (MAD: RM 89) indicate significant PSF variations, likely due to diverse property types or conditions.

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.