RUM PANGSA KERAJAAN NEGERI in Melaka Tengah, Melaka recorded 4 subsale transactions in 2022, with a median price of RM 89K and a median price per square foot (PSF) of RM 190.
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 89K, with most transactions falling within a stable range of RM 73K to RM 106K, and a typical market range of RM 74K to RM 104K.
Most transactions involved low-cost flat, with minimal variety in property types.
The median PSF stands at RM 190, with core pricing between RM 161 and RM 218. Market pricing typically extends from RM 162.70 to RM 216.70, reflecting moderate variation in unit pricing. The spread of RM 54.00 (IQR) and deviation of RM 29 (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.