RUM PANGSA TAMAN PELANGI

RUM PANGSA TAMAN PELANGI in Melaka Tengah, Melaka recorded 9 Condo/Apartment properties subsale transactions between 2021 and 2025 for condo/apartment properties, with a median price of RM 130K and a median price per square foot (PSF) of RM 117.

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 130K, with most transactions falling within a stable range of RM 106K to RM 160K, and a typical market range of RM 106K to RM 157K.

Within the Condo/Apartment category, condominium/apartment dominated the market, with minimal variety in property types.

Price per square foot shows a median of RM 117, though individual units vary from RM 91 to RM 143 in the core range. The broader market spans RM 93.00 to RM 141.00, indicating diverse property characteristics. The spread of RM 48.00 (IQR) and deviation of RM 26 (MAD) suggest moderate price variations reflecting different property features.

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.