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Market Snapshot
ResidentialRM 282,500
RM 231 psfMedian transaction price
Jalan Ujong Pasir, 75050 Melaka, Malaysia
MapsKondo Mutiara Pasir in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 283K and a median price per square foot (PSF) of RM 231.
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 283K, with most transactions falling within a stable range of RM 250K to RM 315K, and a typical market range of RM 264K to RM 301K.
Most transactions involved condominium/apartment, with minimal variety in property types.
Price per square foot shows a median of RM 231, though individual units vary from RM 177 to RM 284 in the core range. The broader market spans RM 210.71 to RM 250.71, indicating diverse property characteristics. The spread of RM 40.00 (IQR) and deviation of RM 53 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.