IMPERIO RESIDENCE @ HATTEN CITY in Melaka Tengah, Melaka recorded 5 subsale transactions in 2022, with a median price of RM 261K and a median price per square foot (PSF) of RM 598.
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 261K, with most transactions falling within a stable range of RM 231K to RM 291K, and a typical market range of RM 221K to RM 301K.
Most transactions involved service apartment, with minimal variety in property types.
For price per square foot, the median is RM 598, with most transactions between RM 548 and RM 648. The usual range is RM 509.00 to RM 687.00, showing that most units are priced quite close to each other. With an IQR of RM 178.00 and MAD of RM 50, 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. Limited transaction history suggests carefully evaluating comparable sales data.