KONDOMINIUM BAYU LAGOON PARK RESORT

KONDOMINIUM BAYU LAGOON PARK RESORT in Melaka Tengah, Melaka recorded 2 subsale transactions in 2021, with a median price of RM 171K and a median price per square foot (PSF) of RM 295.

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 171K, with most transactions falling within a stable range of RM 148K to RM 195K, and a typical market range of RM 135K to RM 207K.

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

For price per square foot, the median is RM 295, with most transactions between RM 268 and RM 322. The usual range is RM 264.00 to RM 325.00, showing that most units are priced quite close to each other. With an IQR of RM 61.00 and MAD of RM 27, the PSF demonstrates reasonable consistency across the market.

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.