RUM PANGSA JALAN TENGKERA in Melaka Tengah, Melaka recorded 1 subsale transactions in 2021, with a median price of RM 67K and a median price per square foot (PSF) of RM 122.
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 67K, with most transactions falling within a stable range of RM 46K to RM 89K, and a typical market range of RM 51K to RM 83K.
Most transactions involved low-cost flat, though some variety exists in the market.
Price per square foot shows a median of RM 122, though individual units vary from RM 93 to RM 152 in the core range. The broader market spans RM 95.13 to RM 148.88, indicating diverse property characteristics. The spread of RM 53.75 (IQR) and deviation of RM 30 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
