| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 4&5
|
RM 220,000
|
RM 188
|
1,173 sqft
|
|
|
|
Level 4
|
RM 150,000
|
RM 128
|
1,173 sqft
|
|
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1, Jln Parameswara, Banda Hilir, 75000 Melaka, Malaysia
MapsPangsapuri Parameswara (Kemajuan Lajak) in Melaka Tengah, Melaka recorded 4 subsale transactions between 2021 and 2026, with a median price of RM 209K and a median price per square foot (PSF) of RM 188.
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 209K, with most transactions falling within a stable range of RM 188K to RM 230K, and a typical market range of RM 190K to RM 229K.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 188, with core pricing between RM 158 and RM 218. Market pricing typically extends from RM 169.14 to RM 205.89, reflecting moderate variation in unit pricing. The spread of RM 36.75 (IQR) and deviation of RM 30 (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.