KONDOMINIUM BAYU LAGOON PARK RESORT in Melaka Tengah, Melaka recorded 4 subsale transactions in 2024, with a median price of RM 204K and a median price per square foot (PSF) of RM 329.
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 204K, with most transactions falling within a stable range of RM 181K to RM 228K, and a typical market range of RM 168K to RM 240K.
Most transactions involved service apartment, with minimal variety in property types.
For price per square foot, the median is RM 329, with most transactions between RM 302 and RM 356. The usual range is RM 298.00 to RM 359.00, 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.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.