Pangsapuri Orkid Mewah Fasa 2

Jln Muhibbah 8, Taman Muhibbah, 75200 Melaka, Malaysia

Property Transactions

5 subsales grouped by size

Median
RM 206,000
PSF
RM 206
Price Size
Period
transactions middle 50% (P25–P75)
RM 210,000
Level 3
1,001 sqft · RM 210 PSF
RM 150,000
Level 5
1,007 sqft · RM 149 PSF
RM 260,000
Level 2
1,001 sqft · RM 260 PSF
RM 206,000
Level 3
1,001 sqft · RM 206 PSF
RM 148,000
Level 5
1,023 sqft · RM 145 PSF
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Market Snapshot

Residential

RM 206,000

RM 206 psf

Median transaction price

Pangsapuri Orkid Mewah Fasa 2
© OpenStreetMap · CARTO

Jln Muhibbah 8, Taman Muhibbah, 75200 Melaka, Malaysia

Maps

Pangsapuri Orkid Mewah Fasa 2 in Melaka Tengah, Melaka recorded 5 subsale transactions in 2022, with a median price of RM 206K and a median price per square foot (PSF) of RM 206.

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 206K, with most transactions falling within a stable range of RM 164K to RM 248K, and a typical market range of RM 196K to RM 216K.

Most transactions involved flats, though some variety exists in the market.

Price per square foot shows a median of RM 206, though individual units vary from RM 163 to RM 249 in the core range. The broader market spans RM 193.04 to RM 218.54, indicating diverse property characteristics. The spread of RM 25.50 (IQR) and deviation of RM 43 (MAD) suggest moderate price variations reflecting different property features.

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.