| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 9
|
RM 100,000
|
RM 182
|
549 sqft
|
|
|
|
Level 1
|
RM 153,000
|
RM 279
|
549 sqft
|
|
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Market Snapshot
ResidentialRM 126,500
RM 230 psfMedian transaction price
Jalan SE 1, 75050 Melaka, Malaysia
MapsRum Pangsa (Flat Bendahara) in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 127K and a median price per square foot (PSF) of RM 230.
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 127K, with most transactions falling within a stable range of RM 100K to RM 153K, and a typical market range of RM 106K to RM 147K.
Most transactions involved low-cost flat, with minimal variety in property types.
Price per square foot shows a median of RM 230, though individual units vary from RM 182 to RM 279 in the core range. The broader market spans RM 191.69 to RM 269.19, indicating diverse property characteristics. The spread of RM 77.50 (IQR) and deviation of RM 48 (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.