|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level 5
|
RM 434,000
|
RM 374
|
1,159 sqft
|
|
Condo |
|
Level 14
|
RM 375,000
|
RM 323
|
1,163 sqft
|
|
Condo |
|
Level 19
|
RM 375,000
|
RM 352
|
1,066 sqft
|
|
Condo |
|
Level 27
|
RM 452,000
|
RM 423
|
1,069 sqft
|
|
Condo |
|
Level 27
|
RM 487,000
|
RM 419
|
1,163 sqft
|
|
Condo |
|
Level 19
|
RM 413,000
|
RM 388
|
1,066 sqft
|
|
Condo |
|
Level 13
|
RM 380,000
|
RM 355
|
1,069 sqft
|
|
Condo |
|
Level 7
|
RM 408,000
|
RM 351
|
1,163 sqft
|
|
Condo |
|
Level 9
|
RM 350,000
|
RM 327
|
1,069 sqft
|
|
Condo |
|
Level 10
|
RM 324,000
|
RM 303
|
1,069 sqft
|
|
Condo |
|
Level 19
|
RM 447,000
|
RM 385
|
1,163 sqft
|
|
Condo |
|
Level 22
|
RM 453,000
|
RM 390
|
1,163 sqft
|
|
Condo |
|
Level 11
|
RM 400,000
|
RM 384
|
1,043 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 408,000
RM 374 psfMedian transaction price
Jln KLJ 5, 2 Malacca, Malaysia
MapsAdmiral Residences in Melaka Tengah, Melaka recorded 13 subsale transactions in 2024, with a median price of RM 408K and a median price per square foot (PSF) of RM 374.
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 408K, with most transactions falling within a stable range of RM 363K to RM 453K, and a typical market range of RM 375K to RM 442K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 374, with most transactions between RM 340 and RM 409. The usual range is RM 350.98 to RM 397.98, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 47.00 and an average deviation (MAD) of RM 35 indicate a highly stable PSF trend across properties.
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.