Melaka
Melaka Tengah
Bdr Melaka
PANGSAPURI TUN PERAK

PANGSAPURI TUN PERAK

Area Intelligence

2023

Median Price

RM 460,000

PSF: RM 423

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Residential PSF Trends

Median Price

RM 460,000

PSF: RM 423

PANGSAPURI TUN PERAK in Melaka Tengah, Melaka recorded 3 subsale transactions in 2023, with a median price of RM 460K and a median price per square foot (PSF) of RM 423.

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 460K, with most transactions falling within a stable range of RM 269K to RM 498K, and a typical market range of RM 433K to RM 488K.

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

Price per square foot shows a median of RM 423, though individual units vary from RM 254 to RM 592 in the core range. The broader market spans RM 397.50 to RM 448.50, indicating diverse property characteristics. A wider spread (IQR: RM 51.00) and deviation (MAD: RM 169) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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PANGSAPURI TUN PERAK, Melaka Tengah, Melaka

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