Pangsapuri Cempaka Raya (Iskandar Shah)

Lorong Bandar Hilir 3, 75000 Melaka, Malaysia

Property Transactions

5 subsales grouped by size · Condo →

Median
RM165,000
PSF
RM176
Period
transactions middle 50% (P25–P75)
RM160,000
Level 5
936 sqft · RM171 PSF
RM165,000
Level 3
936 sqft · RM176 PSF
RM160,000
Level 3
936 sqft · RM171 PSF
RM170,000
Level 4
936 sqft · RM182 PSF
RM178,000
Level
936 sqft · RM190 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM165,000

RM176 psf

Median transaction price

Pangsapuri Cempaka Raya (Iskandar Shah) in Melaka Tengah, Melaka recorded 5 subsale transactions between 2021 and 2026, with a median price of RM165K and a median price per square foot (PSF) of RM176.

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 RM165K, with most transactions falling within a stable range of RM160K to RM170K, and a typical market range of RM160K to RM170K.

Most transactions involved condominium/apartment, though some variety exists in the market.

For price per square foot, the median is RM176, with most transactions between RM171 and RM181. The usual range is RM170.70 to RM181.70, showing that most units are priced quite close to each other. A typical spread (IQR) of RM11.00 and an average deviation (MAD) of RM5 indicate a highly stable PSF trend across properties.

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.