| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 2
|
RM 65,000
|
RM 118
|
549 sqft
|
|
|
|
Level 1
|
RM 62,000
|
RM 113
|
549 sqft
|
|
|
|
Level 3
|
RM 42,000
|
RM 77
|
549 sqft
|
|
|
|
Level 1
|
RM 82,000
|
RM 149
|
549 sqft
|
|
|
|
Level 3
|
RM 42,000
|
RM 77
|
549 sqft
|
|
|
|
Level 2
|
RM 75,000
|
RM 137
|
549 sqft
|
|
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Market Snapshot
ResidentialRM 60,000
RM 109 psfMedian transaction price
Sungai Lereh, Melaka, Malaysia
MapsRum Pangsa Lereh in Melaka Tengah, Melaka recorded 13 subsale transactions between 2021 and 2026, with a median price of RM 60K 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 60K, with most transactions falling within a stable range of RM 48K to RM 72K, and a typical market range of RM 47K to RM 73K.
Most transactions involved low-cost flat, with minimal variety in property types.
The median PSF stands at RM 137, with core pricing between RM 115 and RM 159. Market pricing typically extends from RM 112.62 to RM 160.62, reflecting moderate variation in unit pricing. The spread of RM 48.00 (IQR) and deviation of RM 22 (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.