RUM PANGSA MPMBB in Melaka Tengah, Melaka recorded 2 subsale transactions in 2024, with a median price of RM 123K and a median price per square foot (PSF) of RM 223.
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 123K, with most transactions falling within a stable range of RM 103K to RM 143K, and a typical market range of RM 105K to RM 140K.
Most transactions involved low-cost flat, with minimal variety in property types.
The median PSF stands at RM 223, with core pricing between RM 187 and RM 259. Market pricing typically extends from RM 190.50 to RM 255.50, reflecting moderate variation in unit pricing. The spread of RM 65.00 (IQR) and deviation of RM 36 (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.