RUM PANGSA LAKSAMANA CHENG HO

RUM PANGSA LAKSAMANA CHENG HO in Melaka Tengah, Melaka recorded 4 subsale transactions in 2024, with a median price of RM 122K and a median price per square foot (PSF) of RM 192.

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 122K, with most transactions falling within a stable range of RM 98K to RM 146K, and a typical market range of RM 96K to RM 148K.

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

The median PSF stands at RM 192, with core pricing between RM 167 and RM 217. Market pricing typically extends from RM 171.00 to RM 213.00, 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.

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.