KONDOMINIUM BAYU LAGOON PARK RESORT

Area Intelligence
2023
Median Price
RM 160,000
PSF: RM 305

Residential PSF Trends

Median Price

RM 160,000

PSF: RM 305

KONDOMINIUM BAYU LAGOON PARK RESORT in Melaka Tengah, Melaka recorded 5 subsale transactions in 2023, with a median price of RM 160K and a median price per square foot (PSF) of RM 305.

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 160K, with most transactions falling within a stable range of RM 150K to RM 183K, and a typical market range of RM 150K to RM 196K.

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

For price per square foot, the median is RM 305, with most transactions between RM 294 and RM 316. The usual range is RM 274.50 to RM 335.50, showing that most units are priced quite close to each other. With an IQR of RM 61.00 and MAD of RM 11, 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.

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KONDOMINIUM BAYU LAGOON PARK RESORT, Melaka Tengah, Melaka

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Transactions

4 transactions grouped by size

500 sqft
Service Apartment
RM 155,000
Level 9
484 sqft · RM 320 PSF
RM 150,000
Level 3
492 sqft · RM 305 PSF
550 sqft
Service Apartment
RM 160,000
Level 7
527 sqft · RM 303 PSF
700 sqft
Service Apartment
RM 208,000
Level 12
722 sqft · RM 288 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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