| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 1
|
RM 260,000
|
RM 260
|
1,001 sqft
|
|
Flat |
|
Level 3
|
RM 205,000
|
RM 205
|
1,001 sqft
|
|
Flat |
|
Level 1
|
RM 370,000
|
RM 374
|
990 sqft
|
|
Condo |
|
Level 3
|
RM 200,000
|
RM 200
|
1,001 sqft
|
|
Flat |
|
Level 3
|
RM 200,000
|
RM 200
|
1,001 sqft
|
|
Condo |
|
Level 2
|
RM 190,000
|
RM 190
|
1,001 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 200,000
RM 200 psfMedian transaction price
Jln Muhibbah 8, Taman Muhibbah, 75200 Melaka, Malaysia
MapsPangsapuri Orkid Mewah Fasa 2 in Melaka Tengah, Melaka recorded 7 subsale transactions between 2021 and 2026, with a median price of RM 200K and a median price per square foot (PSF) of RM 200.
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 200K, with most transactions falling within a stable range of RM 190K to RM 260K, and a typical market range of RM 190K to RM 210K.
Most transactions involved flats, though some variety exists in the market.
Price per square foot shows a median of RM 200, though individual units vary from RM 136 to RM 263 in the core range. The broader market spans RM 187.04 to RM 212.54, indicating diverse property characteristics. A wider spread (IQR: RM 25.50) and deviation (MAD: RM 63) indicate significant PSF variations, likely due to diverse property types or conditions.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.