|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level 3
|
RM 42,000
|
RM 78
|
538 sqft
|
|
LC Flat |
|
Level 5
|
RM 50,000
|
RM 93
|
538 sqft
|
|
LC Flat |
| 2023 | |||||
|
Level 3
|
RM 42,000
|
RM 78
|
538 sqft
|
|
LC Flat |
| 2022 | |||||
|
Level 4
|
RM 26,000
|
RM 48
|
538 sqft
|
|
LC Flat |
| 2021 | |||||
|
Level 5
|
RM 42,000
|
RM 78
|
538 sqft
|
|
LC Flat |
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Market Snapshot
ResidentialRM 42,000
RM 78 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 5 subsale transactions between 2021 and 2026, sized between 525 and 574 sqft, with a median price of RM 42K and a median price per square foot (PSF) of RM 78.
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 34K to RM 50K, and a typical market range of RM 40K to RM 44K.
Most transactions involved low-cost flat, with minimal variety in property types.
The median PSF stands at RM 78, with core pricing between RM 63 and RM 93. Market pricing typically extends from RM 73.54 to RM 82.54, reflecting moderate variation in unit pricing. The spread of RM 9.00 (IQR) and deviation of RM 15 (MAD) suggest moderate price variations reflecting different property features.
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.