Melaka
Melaka Tengah
Bdr Melaka
BALI RESIDENCY KOTA SYAHBANDAR

BALI RESIDENCY KOTA SYAHBANDAR

Area Intelligence

2023

Median Price

RM 328,000

PSF: RM 521

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Residential PSF Trends

Median Price

RM 328,000

PSF: RM 521

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 510K to RM 388K, and a typical market range of RM 510K to RM 390K.

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

For price per square foot, the median is RM 521, with most transactions between RM 513 and RM 530. The usual range is RM 432.50 to RM 609.50, showing that most units are priced quite close to each other. With an IQR of RM 177.00 and MAD of RM 9, the PSF demonstrates reasonable consistency across the market.

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.

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BALI RESIDENCY KOTA SYAHBANDAR, Melaka Tengah, Melaka

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