| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 3
|
RM 70,000
|
RM 167
|
420 sqft
|
|
|
|
Level 3
|
RM 50,000
|
RM 119
|
420 sqft
|
|
|
|
Level 3
|
RM 55,000
|
RM 138
|
398 sqft
|
|
|
|
Level 1
|
RM 69,000
|
RM 164
|
420 sqft
|
|
|
Level 2
|
RM 68,000
|
RM 154
|
441 sqft
|
|
|
|
Level 1
|
RM 65,000
|
RM 147
|
441 sqft
|
|
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Market Snapshot
ResidentialRM 66,500
RM 151 psfMedian transaction price
Jalan Bukit Baru, Bukit Piatu, 75150 Melaka, Malaysia
MapsRum Pangsa Bkt Piatu in Melaka Tengah, Melaka recorded 6 subsale transactions in 2023, with a median price of RM 67K and a median price per square foot (PSF) of RM 151.
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 67K, with most transactions falling within a stable range of RM 59K to RM 70K, and a typical market range of RM 57K to RM 70K.
Most transactions involved low-cost flat, with minimal variety in property types.
The median PSF stands at RM 151, with core pricing between RM 134 and RM 167. Market pricing typically extends from RM 123.68 to RM 177.68, reflecting moderate variation in unit pricing. With an IQR of RM 54.00 and MAD of RM 16, the PSF demonstrates reasonable consistency across the market.
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.