| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 1
|
RM 29,000
|
RM 56
|
517 sqft
|
|
|
|
Level 1
|
RM 45,000
|
RM 87
|
517 sqft
|
|
|
|
Level 5
|
RM 42,000
|
RM 81
|
517 sqft
|
|
|
Level 3
|
RM 42,000
|
RM 78
|
538 sqft
|
|
|
|
Level 5
|
RM 50,000
|
RM 93
|
538 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 5 subsale transactions in 2024, 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 35K to RM 49K, 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 81, with core pricing between RM 69 and RM 94. Market pricing typically extends from RM 76.79 to RM 85.79, reflecting moderate variation in unit pricing. The spread of RM 9.00 (IQR) and deviation of RM 13 (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.