PANGSAPURI ORKID MEWAH FASA 2 in Melaka Tengah, Melaka recorded 3 subsale transactions in 2021, with a median price of RM 185K and a median price per square foot (PSF) of RM 185.
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 185K, with most transactions falling within a stable range of RM 175K to RM 195K, and a typical market range of RM 175K to RM 195K.
Most transactions involved condominium/apartment, with moderate diversity in property types available.
For price per square foot, the median is RM 185, with most transactions between RM 173 and RM 198. The usual range is RM 172.75 to RM 197.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 24.50 and an average deviation (MAD) of RM 13 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.
