| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 2
|
RM 120,000
|
RM 180
|
667 sqft
|
|
|
|
Level 2
|
RM 130,000
|
RM 195
|
667 sqft
|
|
|
|
Level 2
|
RM 110,000
|
RM 165
|
667 sqft
|
|
|
|
Level 2
|
RM 103,000
|
RM 154
|
667 sqft
|
|
|
|
Level 2
|
RM 110,000
|
RM 165
|
667 sqft
|
|
|
Jalan Pm 2
|
RM 545,000
|
RM 275
|
1,981 sqft
|
|
|
|
Jalan Pm 4
|
RM 550,000
|
RM 278
|
1,981 sqft
|
|
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Market Snapshot
ResidentialRM 120,000
RM 180 psfMedian transaction price
Taman Pandan Malim, Melaka, Malaysia
MapsTaman Pandan Malim in Melaka Tengah, Melaka recorded 7 subsale transactions in 2022, with a median price of RM 120K and a median price per square foot (PSF) of RM 180.
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 120K, with most transactions falling within a stable range of RM 103K to RM 316K, and a typical market range of RM 107K to RM 134K.
Most transactions involved low-cost flat, though some variety exists in the market.
Price per square foot shows a median of RM 180, though individual units vary from RM 131 to RM 229 in the core range. The broader market spans RM 164.81 to RM 194.81, indicating diverse property characteristics. A wider spread (IQR: RM 30.00) and deviation (MAD: RM 49) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.