Melaka
Melaka Tengah
Bkt Baru
RESIDENSI MERAK KAYANGAN

RESIDENSI MERAK KAYANGAN

Area Intelligence

2023

Median Price

RM 380,000

PSF: RM 357

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Residential PSF Trends

Median Price

RM 380,000

PSF: RM 357

RESIDENSI MERAK KAYANGAN in Melaka Tengah, Melaka recorded 3 subsale transactions in 2023, with a median price of RM 380K and a median price per square foot (PSF) of RM 357.

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 380K, with most transactions falling within a stable range of RM 380K to RM 399K, and a typical market range of RM 380K to RM 400K.

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

For price per square foot, the median is RM 357, with most transactions between RM 340 and RM 374. The usual range is RM 333.00 to RM 381.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 48.00 and an average deviation (MAD) of RM 17 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. Limited transaction history suggests carefully evaluating comparable sales data.

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RESIDENSI MERAK KAYANGAN, Melaka Tengah, Melaka

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