RUM MERAH BKT SERINDIT

RUM MERAH BKT SERINDIT in Melaka Tengah, Melaka recorded 7 subsale transactions between 2021 and 2025, with a median price of RM 128K and a median price per square foot (PSF) of RM 169.

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 128K, with most transactions falling within a stable range of RM 106K to RM 150K, and a typical market range of RM 109K to RM 147K.

Most transactions involved low-cost house, with minimal variety in property types.

The median PSF stands at RM 169, with core pricing between RM 141 and RM 197. Market pricing typically extends from RM 144.75 to RM 193.25, reflecting moderate variation in unit pricing. The spread of RM 48.50 (IQR) and deviation of RM 28 (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.