ADMIRAL RESIDENCES

Area Intelligence
2024
Median Price
RM 408,000
PSF: RM 374

Residential PSF Trends

Median Price

RM 408,000

PSF: RM 374

ADMIRAL 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 441K.

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 339 and RM 409. The usual range is RM 350.88 to RM 397.13, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 46.25 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.

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ADMIRAL RESIDENCES, Melaka Tengah, Melaka

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Transactions

13 transactions grouped by size

1,050 sqft
Condo/Apartment
RM 375,000
Level 19
1,066 sqft · RM 352 PSF
RM 452,000
Level 27
1,069 sqft · RM 423 PSF
RM 413,000
Level 19
1,066 sqft · RM 388 PSF
RM 380,000
Level 13
1,069 sqft · RM 355 PSF
RM 350,000
Level 9
1,069 sqft · RM 327 PSF
RM 324,000
Level 10
1,069 sqft · RM 303 PSF
RM 400,000
Level 11
1,043 sqft · RM 384 PSF
1,150 sqft
Condo/Apartment
RM 434,000
Level 5
1,159 sqft · RM 374 PSF
RM 375,000
Level 14
1,163 sqft · RM 323 PSF
RM 487,000
Level 27
1,163 sqft · RM 419 PSF
RM 408,000
Level 7
1,163 sqft · RM 351 PSF
RM 447,000
Level 19
1,163 sqft · RM 385 PSF
RM 453,000
Level 22
1,163 sqft · RM 390 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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