| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 1
|
RM 120,000
|
RM 232
|
517 sqft
|
|
|
|
Level 2
|
RM 42,000
|
RM 81
|
517 sqft
|
|
|
|
Level 3
|
RM 27,000
|
RM 52
|
517 sqft
|
|
|
|
Level 4
|
RM 42,000
|
RM 81
|
517 sqft
|
|
|
|
Level 4
|
RM 42,000
|
RM 81
|
517 sqft
|
|
|
|
Level 3
|
RM 42,000
|
RM 81
|
517 sqft
|
|
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Market Snapshot
ResidentialRM 42,000
RM 81 psfMedian transaction price
Block Diamond, Rumah Panggsa Asean, Jalan Taman Asean, Taman Asean, 75250 Melaka, Malaysia
MapsRum Pangsa Kampong Padang in Melaka Tengah, Melaka recorded 10 subsale transactions between 2021 and 2026, with a median price of RM 42K and a median price per square foot (PSF) of RM 81.
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 42K, with most transactions falling within a stable range of RM 27K to RM 67K, and a typical market range of RM 40K to RM 44K.
Most transactions involved low-cost flat, with minimal variety in property types.
Price per square foot shows a median of RM 81, though individual units vary from RM 33 to RM 130 in the core range. The broader market spans RM 76.79 to RM 85.79, indicating diverse property characteristics. A wider spread (IQR: RM 9.00) and deviation (MAD: RM 48) 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.