Melaka
Melaka Tengah
Bdr Melaka
RUM PANGSA LAKSAMANA CHENG HO

RUM PANGSA LAKSAMANA CHENG HO

Area Intelligence

2023

Median Price

RM 108,000

PSF: RM 144

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Residential PSF Trends

Median Price

RM 108,000

PSF: RM 144

RUM PANGSA LAKSAMANA CHENG HO in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 108K and a median price per square foot (PSF) of RM 144.

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 108K, with most transactions falling within a stable range of RM 87K to RM 129K, and a typical market range of RM 87K to RM 129K.

Most transactions involved flats, though some variety exists in the market.

For price per square foot, the median is RM 144, with most transactions between RM 142 and RM 146. The usual range is RM 123.00 to RM 165.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 42.00 and an average deviation (MAD) of RM 2 indicate a highly stable PSF trend across properties.

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.

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RUM PANGSA LAKSAMANA CHENG HO, Melaka Tengah, Melaka

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