RUM MERAH BKT SERINDIT

RUM MERAH BKT SERINDIT in Melaka Tengah, Melaka recorded 3 subsale transactions in 2022, with a median price of RM 115K and a median price per square foot (PSF) of RM 161.

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 115K, with most transactions falling within a stable range of RM 93K to RM 137K, and a typical market range of RM 96K to RM 134K.

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

The median PSF stands at RM 161, with core pricing between RM 133 and RM 189. Market pricing typically extends from RM 136.75 to RM 185.25, 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.