PANGSAPURI PARK VIEW COURT(KENANGA SEK 3

PANGSAPURI PARK VIEW COURT(KENANGA SEK 3 in Melaka Tengah, Melaka recorded 5 subsale transactions in 2022, with a median price of RM 170K and a median price per square foot (PSF) of RM 174.

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 170K, with most transactions falling within a stable range of RM 153K to RM 198K, and a typical market range of RM 153K to RM 196K.

Most transactions involved condominium/apartment, with minimal variety in property types.

Price per square foot shows a median of RM 174, though individual units vary from RM 136 to RM 212 in the core range. The broader market spans RM 141.38 to RM 206.63, indicating diverse property characteristics. The spread of RM 65.25 (IQR) and deviation of RM 38 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.