Melaka
Melaka Tengah
Bkt Baru
PANGSAPURI IXORA

PANGSAPURI IXORA

Area Intelligence

2023

Median Price

RM 315,000

PSF: RM 252

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Residential PSF Trends

Median Price

RM 315,000

PSF: RM 252

PANGSAPURI IXORA in Melaka Tengah, Melaka recorded 20 subsale transactions in 2023, with a median price of RM 315K and a median price per square foot (PSF) of RM 252.

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 315K, with most transactions falling within a stable range of RM 313K to RM 280K, and a typical market range of RM 292K to RM 280K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 252, with most transactions between RM 250 and RM 254. The usual range is RM 234.00 to RM 270.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 36.00 and an average deviation (MAD) of RM 2 indicate a highly stable PSF trend across properties.

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. Moderate transaction volume may require patience when buying or selling.

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PANGSAPURI IXORA, Melaka Tengah, Melaka

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