Area Intelligence

THE HEIGHTS RESIDENCE

18 properties
Service Apartment
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Median Price
RM 300,000
PSF: RM 374

Residential Market

Median Price

RM 300,000

IQR: RM 80
MAD: RM 39
RM 374 PSF 11.2%

PSF Trends (2021-2025)

THE HEIGHTS RESIDENCE in Melaka Tengah, Melaka recorded 18 Service Apartment properties subsale transactions between 2021 and 2025 for service apartment properties, with a median price of RM 300K and a median price per square foot (PSF) of RM 374.

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 300K, with most transactions falling within a stable range of RM 255K to RM 345K, and a typical market range of RM 268K to RM 332K.

Within the Service Apartment category, service apartment dominated the market, with minimal variety in property types.

The median PSF stands at RM 374, with core pricing between RM 319 and RM 429. Market pricing typically extends from RM 334.00 to RM 414.00, reflecting moderate variation in unit pricing. With an IQR of RM 80.00 and MAD of RM 55, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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THE HEIGHTS RESIDENCE, Melaka Tengah, Melaka

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Transactions

18 properties grouped by size

750 sqft
6 units Service Apartment
RM 360,000
756 sqft · RM 476.00 PSF
Nov 2023
RM 250,000
753 sqft · RM 332.00 PSF
Apr 2023
RM 275,000
756 sqft · RM 364.00 PSF
Feb 2023
RM 290,000
756 sqft · RM 384.00 PSF
Oct 2022
RM 305,000
756 sqft · RM 403.00 PSF
Oct 2022
RM 320,000
756 sqft · RM 423.00 PSF
Sep 2022
850 sqft
12 units (showing 6) Service Apartment
RM 380,000
842 sqft · RM 451.00 PSF
Oct 2024
RM 265,000
854 sqft · RM 310.00 PSF
Oct 2023
RM 330,000
842 sqft · RM 392.00 PSF
Sep 2023
RM 300,000
842 sqft · RM 356.00 PSF
Sep 2023
RM 370,000
850 sqft · RM 435.00 PSF
Aug 2023
RM 400,000
838 sqft · RM 477.00 PSF
Apr 2023