PULAU MELAKA

PULAU MELAKA in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 78K and a median price per square foot (PSF) of RM 115.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 78K, with most transactions falling within a stable range of RM 58K to RM 98K, and a typical market range of RM 58K to RM 97K.

Most transactions involved office lot, though some variety exists in the market.

The median PSF stands at RM 115, with core pricing between RM 102 and RM 127. Market pricing typically extends from RM 107.00 to RM 122.00, reflecting moderate variation in unit pricing. With an IQR of RM 15.00 and MAD of RM 13, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.