| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 4
|
RM 120,000
|
RM 138
|
872 sqft
|
|
|
|
Level 5
|
RM 120,000
|
RM 138
|
872 sqft
|
|
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Pangsapuri Bakti Mutiara, Jalan Tamby Abdullah, 75000 Malacca, Malaysia
MapsPangsapuri Bakti in Melaka Tengah, Melaka recorded 3 subsale transactions in 2024, with a median price of RM 120K and a median price per square foot (PSF) of RM 138.
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 120K, with most transactions falling within a stable range of RM 120K to RM 158K, and a typical market range of RM 120K to RM 140K.
Most transactions involved condominium/apartment, with minimal variety in property types.
Price per square foot shows a median of RM 138, though individual units vary from RM 98 to RM 177 in the core range. The broader market spans RM 116.88 to RM 158.38, indicating diverse property characteristics. A wider spread (IQR: RM 41.50) and deviation (MAD: RM 39) 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.