| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 3
|
RM 42,000
|
RM 81
|
517 sqft
|
|
|
|
Level 2
|
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 3 subsale transactions in 2021, 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.
Most transactions involved low-cost flat, with minimal variety in property types.
For price per square foot, the median is RM 81, with most transactions between RM 80 and RM 83. The usual range is RM 76.79 to RM 85.79, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 9.00 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.