Pengkalan Rama Flats (Lot 7)

Pengkalan Rama, 75100 Melaka, Malaysia

Property Transactions

4 subsales grouped by size

Median
RM 96,000
PSF
RM 129
Price Size
750 sqft
Flat
RM 90,000
Level 3
743 sqft · RM 121 PSF
RM 102,000
Level 2
743 sqft · RM 137 PSF
RM 128,000
Level 3
743 sqft · RM 172 PSF
RM 80,000
Level 4
743 sqft · RM 108 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 96,000

RM 129 psf

Median transaction price

Pengkalan Rama Flats (Lot 7) in Melaka Tengah, Melaka recorded 4 subsale transactions between 2021 and 2026, with a median price of RM 96K and a median price per square foot (PSF) of RM 129.

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 96K, with most transactions falling within a stable range of RM 80K to RM 114K, and a typical market range of RM 83K to RM 109K.

Most transactions involved flats, with minimal variety in property types.

The median PSF stands at RM 129, with core pricing between RM 105 and RM 153. Market pricing typically extends from RM 108.01 to RM 150.51, reflecting moderate variation in unit pricing. The spread of RM 42.50 (IQR) and deviation of RM 24 (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.