| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 3
|
RM 42,000
|
RM 81
|
517 sqft
|
|
|
|
Level 4
|
RM 42,000
|
RM 81
|
517 sqft
|
|
|
|
Level 4
|
RM 26,000
|
RM 50
|
517 sqft
|
|
|
|
Level 1
|
RM 29,000
|
RM 56
|
517 sqft
|
|
|
|
Level 2
|
RM 36,000
|
RM 70
|
517 sqft
|
|
|
|
Level 4
|
RM 42,000
|
RM 81
|
517 sqft
|
|
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Market Snapshot
ResidentialRM 39,000
RM 75 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 in 2022, with a median price of RM 39K and a median price per square foot (PSF) of RM 75.
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 39K, with most transactions falling within a stable range of RM 32K to RM 42K, and a typical market range of RM 37K to RM 41K.
Most transactions involved low-cost flat, with minimal variety in property types.
The median PSF stands at RM 75, with core pricing between RM 62 and RM 89. Market pricing typically extends from RM 70.98 to RM 79.98, reflecting moderate variation in unit pricing. The spread of RM 9.00 (IQR) and deviation of RM 14 (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.