RUM PANGSA BATU BERENDAM in Melaka Tengah, Melaka recorded 5 subsale transactions in 2021, with a median price of RM 85K and a median price per square foot (PSF) of RM 155.
This area contains both residential and commercial properties. View 17 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 85K, with most transactions falling within a stable range of RM 70K to RM 100K, and a typical market range of RM 68K to RM 102K.
Most transactions involved low-cost flat, though some variety exists in the market.
The median PSF stands at RM 155, with core pricing between RM 128 and RM 182. Market pricing typically extends from RM 123.50 to RM 186.50, reflecting moderate variation in unit pricing. The spread of RM 63.00 (IQR) and deviation of RM 27 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
