PULAU MELAKA

PULAU MELAKA in Melaka Tengah, Melaka recorded 1 subsale transactions in 2022, with a median price of RM 120K and a median price per square foot (PSF) of RM 137.

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 120K, with most transactions falling within a stable range of RM 100K to RM 140K, and a typical market range of RM 101K to RM 139K.

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

For price per square foot, the median is RM 137, with most transactions between RM 125 and RM 150. The usual range is RM 129.50 to RM 144.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 15.00 and an average deviation (MAD) of RM 13 indicate a highly stable PSF trend across properties.

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.