JALAN UJONG PASIR in Melaka Tengah, Melaka recorded 3 subsale transactions in 2022, with a median price of RM 450K and a median price per square foot (PSF) of RM 164.
This area contains both residential and commercial properties. View 2 residential properties or 6 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 450K, with most transactions falling within a stable range of RM 298K to RM 603K, and a typical market range of RM 308K to RM 592K.
Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.
Price per square foot shows a median of RM 164, though individual units vary from RM 44 to RM 285 in the core range. The broader market spans RM 74.50 to RM 253.50, indicating diverse property characteristics. A wider spread (IQR: RM 179.00) and deviation (MAD: RM 121) indicate significant PSF variations, likely due to diverse property types or conditions.
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.
