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Market Snapshot
ResidentialRM 90,000
RM 121 psfMedian transaction price
Pengkalan Rama, 75100 Melaka, Malaysia
MapsPengkalan Rama Flats (Lot 7) in Melaka Tengah, Melaka recorded 0 subsale transactions in 2025, with a median price of RM 90K and a median price per square foot (PSF) of RM 121.
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 90K, with most transactions falling within a stable range of RM 78K to RM 102K, and a typical market range of RM 77K to RM 103K.
Most transactions involved flats, with minimal variety in property types.
The median PSF stands at RM 121, with core pricing between RM 105 and RM 137. Market pricing typically extends from RM 99.75 to RM 142.25, reflecting moderate variation in unit pricing. With an IQR of RM 42.50 and MAD of RM 16, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.