| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 4&5
|
RM 220,000
|
RM 188
|
1,173 sqft
|
|
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1, Jln Parameswara, Banda Hilir, 75000 Melaka, Malaysia
MapsPangsapuri Parameswara (Kemajuan Lajak) in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 230K and a median price per square foot (PSF) of RM 219.
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 230K, with most transactions falling within a stable range of RM 220K to RM 240K, and a typical market range of RM 220K to RM 240K.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 219, with core pricing between RM 188 and RM 251. Market pricing typically extends from RM 200.65 to RM 237.40, reflecting moderate variation in unit pricing. With an IQR of RM 36.75 and MAD of RM 32, the PSF demonstrates reasonable consistency across the market.
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.