RUM PANGSA TAMAN PELANGI

RUM PANGSA TAMAN PELANGI in Melaka Tengah, Melaka recorded 2 subsale transactions in 2021, with a median price of RM 152K and a median price per square foot (PSF) of RM 137.

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 152K, with most transactions falling within a stable range of RM 130K to RM 173K, and a typical market range of RM 130K to RM 173K.

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

The median PSF stands at RM 137, with core pricing between RM 117 and RM 156. Market pricing typically extends from RM 112.50 to RM 160.50, reflecting moderate variation in unit pricing. With an IQR of RM 48.00 and MAD of RM 20, 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.