RUM PANGSA TAMAN MERDEKA

RUM PANGSA TAMAN MERDEKA in Melaka Tengah, Melaka recorded 4 subsale transactions in 2022, with a median price of RM 80K 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 80K, with most transactions falling within a stable range of RM 70K to RM 99K, and a typical market range of RM 70K to RM 95K.

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

Price per square foot shows a median of RM 114, though individual units vary from RM 82 to RM 146 in the core range. The broader market spans RM 91.50 to RM 136.50, indicating diverse property characteristics. A wider spread (IQR: RM 45.00) and deviation (MAD: RM 32) indicate significant PSF variations, likely due to diverse property types or conditions.

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.