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Market Snapshot
ResidentialRM 125,000
RM 160 psfMedian transaction price
Jalan SE 1, 75050 Melaka, Malaysia
MapsRum Pangsa Ujong Pasir in Melaka Tengah, Melaka recorded 2 Flat properties subsale transactions between 2021 and 2026, with a median price of RM 125K and a median price per square foot (PSF) of RM 160.
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 125K, with most transactions falling within a stable range of RM 30K to RM 220K, and a typical market range of RM 64K to RM 187K.
Within the Flat category, low-cost flat dominated the market, though some variety exists in the market.
Price per square foot shows a median of RM 160, though individual units vary from RM 55 to RM 265 in the core range. The broader market spans RM 90.54 to RM 229.54, indicating diverse property characteristics. A wider spread (IQR: RM 139.00) and deviation (MAD: RM 105) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.