BALI RESIDENCY KOTA SYAHBANDAR in Melaka Tengah, Melaka recorded 23 subsale transactions in 2022, with a median price of RM 379K and a median price per square foot (PSF) of RM 728.
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 379K, with most transactions falling within a stable range of RM 320K to RM 438K, and a typical market range of RM 318K to RM 441K.
Most transactions involved service apartment, with minimal variety in property types.
The median PSF stands at RM 728, with core pricing between RM 638 and RM 818. Market pricing typically extends from RM 639.50 to RM 816.50, 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.