| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 2
|
RM 122,000
|
RM 183
|
667 sqft
|
|
|
|
Level 3
|
RM 110,000
|
RM 165
|
667 sqft
|
|
|
|
Level 5
|
RM 85,000
|
RM 127
|
667 sqft
|
|
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Market Snapshot
ResidentialRM 110,000
RM 165 psfMedian transaction price
Taman Pandan Malim, Melaka, Malaysia
MapsTaman Pandan Malim in Melaka Tengah, Melaka recorded 3 subsale transactions in 2023, with a median price of RM 110K and a median price per square foot (PSF) of RM 165.
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 110K, with most transactions falling within a stable range of RM 95K to RM 122K, and a typical market range of RM 97K to RM 122K.
Most transactions involved low-cost flat, though some variety exists in the market.
The median PSF stands at RM 165, with core pricing between RM 142 and RM 188. Market pricing typically extends from RM 149.83 to RM 179.83, reflecting moderate variation in unit pricing. With an IQR of RM 30.00 and MAD of RM 23, the PSF demonstrates reasonable consistency across the market.
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.