RUM PANGSA MPMBB

RUM PANGSA MPMBB in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 131K and a median price per square foot (PSF) of RM 238.

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 131K, with most transactions falling within a stable range of RM 111K to RM 151K, and a typical market range of RM 113K to RM 148K.

Most transactions involved low-cost flat, with minimal variety in property types.

The median PSF stands at RM 238, with core pricing between RM 202 and RM 274. Market pricing typically extends from RM 205.50 to RM 270.50, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.