|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2022 | |||||
|
Level 8
|
RM 100,000
|
RM 179
|
560 sqft
|
|
LC Flat |
|
Level 8
|
RM 120,000
|
RM 214
|
560 sqft
|
|
LC Flat |
|
Level 6
|
RM 128,000
|
RM 233
|
549 sqft
|
|
LC Flat |
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Market Snapshot
ResidentialRM 120,000
RM 214 psfMedian transaction price
Jalan SE 1, 75050 Melaka, Malaysia
MapsRum Pangsa (Flat Bendahara) in Melaka Tengah, Melaka recorded 3 subsale transactions in 2022, with a median price of RM 120K and a median price per square foot (PSF) of RM 214.
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 120K, with most transactions falling within a stable range of RM 108K to RM 128K, and a typical market range of RM 100K to RM 128K.
Most transactions involved low-cost flat, with minimal variety in property types.
The median PSF stands at RM 214, with core pricing between RM 192 and RM 237. Market pricing typically extends from RM 175.64 to RM 253.14, reflecting moderate variation in unit pricing. With an IQR of RM 77.50 and MAD of RM 23, the PSF demonstrates reasonable consistency across the market.
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.