BALI RESIDENCY KOTA SYAHBANDAR

BALI RESIDENCY KOTA SYAHBANDAR in Melaka Tengah, Melaka recorded 12 subsale transactions in 2023, with a median price of RM 328K and a median price per square foot (PSF) of RM 521.

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 328K, with most transactions falling within a stable range of RM 269K to RM 387K, and a typical market range of RM 267K to RM 390K.

Most transactions involved service apartment, with minimal variety in property types.

The median PSF stands at RM 521, with core pricing between RM 431 and RM 611. Market pricing typically extends from RM 432.50 to RM 609.50, reflecting moderate variation in unit pricing. The spread of RM 177.00 (IQR) and deviation of RM 90 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.