Melaka
Melaka Tengah
Bkt Lintang
RUM AWAM BKT LINTANG

RUM AWAM BKT LINTANG

Area Intelligence

2023

Median Price

RM 137,500

PSF: RM 114

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Residential PSF Trends

Median Price

RM 137,500

PSF: RM 114

RUM AWAM BKT LINTANG in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 138K and a median price per square foot (PSF) of RM 114.

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 138K, with most transactions falling within a stable range of RM 125K to RM 150K, and a typical market range of RM 125K to RM 150K.

Most transactions involved low-cost house, with minimal variety in property types.

For price per square foot, the median is RM 114, with most transactions between RM 104 and RM 124. The usual range is RM 104.63 to RM 123.38, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 18.75 and an average deviation (MAD) of RM 10 indicate a highly stable PSF trend across properties.

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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RUM AWAM BKT LINTANG, Melaka Tengah, Melaka

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