Melaka
Melaka Tengah
Bkt Rambai
RUM PANGSA LEREH

RUM PANGSA LEREH

Area Intelligence

2021

Median Price

RM 49,000

PSF: RM 89

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Residential PSF Trends

Median Price

RM 49,000

PSF: RM 89

RUM PANGSA LEREH in Melaka Tengah, Melaka recorded 1 subsale transactions in 2021, with a median price of RM 49K and a median price per square foot (PSF) of RM 89.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 89, with most transactions between RM 89 and RM 89. The usual range is RM 63.25 to RM 114.75, showing that most units are priced quite close to each other. With an IQR of RM 51.50 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

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 PANGSA LEREH, Melaka Tengah, Melaka

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