KONDOMINIUM BAYU LAGOON PARK RESORT

Area Intelligence
2022
Median Price
RM 172,500
PSF: RM 320

Residential PSF Trends

Median Price

RM 172,500

PSF: RM 320

KONDOMINIUM BAYU LAGOON PARK RESORT in Melaka Tengah, Melaka recorded 4 subsale transactions in 2022, with a median price of RM 173K and a median price per square foot (PSF) of RM 320.

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 173K, with most transactions falling within a stable range of RM 158K to RM 206K, and a typical market range of RM 158K to RM 208K.

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

Price per square foot shows a median of RM 320, though individual units vary from RM 232 to RM 408 in the core range. The broader market spans RM 289.50 to RM 350.50, indicating diverse property characteristics. A wider spread (IQR: RM 61.00) and deviation (MAD: RM 88) indicate significant PSF variations, likely due to diverse property types or conditions.

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 240,000
Level 9
492 sqft · RM 488 PSF
RM 158,000
Level 12
492 sqft · RM 321 PSF
RM 160,000
Level 12
502 sqft · RM 319 PSF
750 sqft
Service Apartment
RM 185,000
Level 11
743 sqft · RM 249 PSF

No Properties For Sale

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

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