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Market Snapshot
ResidentialRM 155,000
RM 119 psfMedian transaction price
75260, Malacca, Malaysia
MapsRum Awam Datin Fatimah(Solok Sbrg Gajah) in Melaka Tengah, Melaka recorded 0 subsale transactions in 2021, with a median price of RM 155K and a median price per square foot (PSF) of RM 119.
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 155K, with most transactions falling within a stable range of RM 140K to RM 170K, and a typical market range of RM 143K to RM 168K.
Most transactions involved low-cost house, with minimal variety in property types.
For price per square foot, the median is RM 119, with most transactions between RM 109 and RM 129. The usual range is RM 109.00 to RM 129.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 20.00 and an average deviation (MAD) of RM 10 indicate a highly stable PSF trend across properties.
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.