| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 2
|
RM 220,000
|
RM 176
|
1,249 sqft
|
|
|
|
Level 3
|
RM 150,000
|
RM 120
|
1,249 sqft
|
|
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Lorong Pandan, Taman Pandan Indah, Melaka, Malaysia
MapsPec.lot 676/Rum Pangsa Lorong Pandan in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 185K and a median price per square foot (PSF) of RM 148.
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 185K, with most transactions falling within a stable range of RM 150K to RM 220K, and a typical market range of RM 168K to RM 203K.
Most transactions involved flats, with minimal variety in property types.
The median PSF stands at RM 148, with core pricing between RM 120 and RM 176. Market pricing typically extends from RM 134.16 to RM 162.16, reflecting moderate variation in unit pricing. The spread of RM 28.00 (IQR) and deviation of RM 28 (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.