RUM AWAM BKT BERUANG in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 208K and a median price per square foot (PSF) of RM 140.
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 208K, with most transactions falling within a stable range of RM 200K to RM 216K, and a typical market range of RM 190K to RM 225K.
Most transactions involved low-cost house, with minimal variety in property types.
Price per square foot shows a median of RM 140, though individual units vary from RM 108 to RM 172 in the core range. The broader market spans RM 108.50 to RM 171.50, indicating diverse property characteristics. The spread of RM 63.00 (IQR) and deviation of RM 32 (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.