BALI RESIDENCY KOTA SYAHBANDAR in Melaka Tengah, Melaka recorded 33 subsale transactions in 2022, with a median price of RM 432K and a median price per square foot (PSF) of RM 684.
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 432K, with most transactions falling within a stable range of RM 373K to RM 491K, and a typical market range of RM 371K to RM 494K.
Most transactions involved service apartment, with minimal variety in property types.
The median PSF stands at RM 684, with core pricing between RM 594 and RM 774. Market pricing typically extends from RM 595.50 to RM 772.50, reflecting moderate variation in unit pricing. With an IQR of RM 177.00 and MAD of RM 90, 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. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.