|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level 2
|
RM 300,000
|
RM 271
|
1,109 sqft
|
|
Condo |
|
Level 8
|
RM 650,000
|
RM 308
|
2,110 sqft
|
|
Condo |
|
Level 10
|
RM 768,000
|
RM 246
|
3,122 sqft
|
|
Condo |
| 2023 | |||||
|
Level 8
|
RM 280,000
|
RM 274
|
1,023 sqft
|
|
Condo |
|
Level 1&2
|
RM 440,000
|
RM 280
|
1,572 sqft
|
|
Condo |
|
Level 4
|
RM 300,000
|
RM 282
|
1,066 sqft
|
|
Condo |
| 2022 | |||||
|
Level 5
|
RM 288,000
|
RM 285
|
1,012 sqft
|
|
Condo |
|
Level 8
|
RM 695,000
|
RM 329
|
2,110 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 370,000
RM 281 psfMedian transaction price
75200 Malacca, Malaysia
MapsKondominium Kesidang Emas in Melaka Tengah, Melaka recorded 8 subsale transactions between 2021 and 2026, with a median price of RM 370K and a median price per square foot (PSF) of RM 282.
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 370K, with most transactions falling within a stable range of RM 284K to RM 456K, and a typical market range of RM 280K to RM 552K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 282, with most transactions between RM 273 and RM 290. The usual range is RM 272.77 to RM 290.27, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 17.50 and an average deviation (MAD) of RM 9 indicate a highly stable PSF trend across properties.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.