RUM PANGSA LAKSAMANA CHENG HO

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 84K to RM 132K, and a typical market range of RM 82K to RM 134K.

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

The median PSF stands at RM 144, with core pricing between RM 119 and RM 169. Market pricing typically extends from RM 123.00 to RM 165.00, reflecting moderate variation in unit pricing. The spread of RM 42.00 (IQR) and deviation of RM 25 (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.