PANGSAPURI PARK VIEW COURT(KENANGA SEK 3

PANGSAPURI PARK VIEW COURT(KENANGA SEK 3 in Melaka Tengah, Melaka recorded 4 subsale transactions in 2023, with a median price of RM 253K and a median price per square foot (PSF) of RM 271.

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 253K, with most transactions falling within a stable range of RM 221K to RM 284K, and a typical market range of RM 227K to RM 279K.

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

The median PSF stands at RM 271, with core pricing between RM 234 and RM 307. Market pricing typically extends from RM 237.88 to RM 303.13, reflecting moderate variation in unit pricing. With an IQR of RM 65.25 and MAD of RM 37, 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.