RUM PANGSA LAKSAMANA CHENG HO in Melaka Tengah, Melaka recorded 7 subsale transactions in 2022, with a median price of RM 130K and a median price per square foot (PSF) of RM 171.
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 130K, with most transactions falling within a stable range of RM 106K to RM 154K, and a typical market range of RM 104K to RM 156K.
Most transactions involved flats, though some variety exists in the market.
The median PSF stands at RM 171, with core pricing between RM 146 and RM 196. Market pricing typically extends from RM 150.00 to RM 192.00, reflecting moderate variation in unit pricing. With an IQR of RM 42.00 and MAD of RM 25, 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.