Melaka
Melaka Tengah
Bdr Melaka
RUM AWAM BANDA HILIR

RUM AWAM BANDA HILIR

Area Intelligence

2024

Median Price

RM 100,500

PSF: RM 91

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Residential PSF Trends

Median Price

RM 100,500

PSF: RM 91

RUM AWAM BANDA HILIR in Melaka Tengah, Melaka recorded 2 subsale transactions in 2024, with a median price of RM 101K and a median price per square foot (PSF) of RM 91.

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 101K, with most transactions falling within a stable range of RM 33K to RM 168K, and a typical market range of RM 43K to RM 159K.

Most transactions involved low-cost house, though some variety exists in the market.

For price per square foot, the median is RM 91, with most transactions between RM 83 and RM 99. The usual range is RM 65.00 to RM 117.00, showing that most units are priced quite close to each other. With an IQR of RM 52.00 and MAD of RM 8, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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RUM AWAM BANDA HILIR, Melaka Tengah, Melaka

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