|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level 3
|
RM 90,000
|
RM 121
|
743 sqft
|
|
Flat |
| 2023 | |||||
|
Level 2
|
RM 102,000
|
RM 137
|
743 sqft
|
|
Flat |
|
Level 3
|
RM 128,000
|
RM 172
|
743 sqft
|
|
Flat |
|
Level 4
|
RM 80,000
|
RM 108
|
743 sqft
|
|
Flat |
|
Level 3
|
RM 120,000
|
RM 162
|
743 sqft
|
|
Flat |
| 2022 | |||||
|
Level 4
|
RM 78,000
|
RM 105
|
743 sqft
|
|
Flat |
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Market Snapshot
ResidentialRM 96,000
RM 129 psfMedian transaction price
Pengkalan Rama, 75100 Melaka, Malaysia
MapsPengkalan Rama Flats (Lot 7) in Melaka Tengah, Melaka recorded 6 subsale transactions between 2021 and 2026, sized between 725 and 774 sqft, 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 78K to RM 115K, 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 104 and RM 155. 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 26 (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.