RUM AWAM DUYONG in Melaka Tengah, Melaka recorded 2 subsale transactions in 2024, with a median price of RM 135K and a median price per square foot (PSF) of RM 135.
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 135K, with most transactions falling within a stable range of RM 100K to RM 170K, and a typical market range of RM 105K to RM 165K.
Most transactions involved low-cost house, with minimal variety in property types.
The median PSF stands at RM 135, with core pricing between RM 115 and RM 154. Market pricing typically extends from RM 114.63 to RM 154.38, reflecting moderate variation in unit pricing. With an IQR of RM 39.75 and MAD of RM 20, 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.