Melaka
Melaka Tengah
Bdr Melaka
KONDO MUTIARA PASIR

KONDO MUTIARA PASIR

Area Intelligence

2023

Median Price

RM 282,500

PSF: RM 231

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Residential PSF Trends

Median Price

RM 282,500

PSF: RM 231

KONDO 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 266K to RM 299K.

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 209.63 to RM 251.38, indicating diverse property characteristics. The spread of RM 41.75 (IQR) and deviation of RM 54 (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.

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KONDO MUTIARA PASIR, Melaka Tengah, Melaka

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