|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level 3
|
RM 78,000
|
RM 142
|
549 sqft
|
|
LC Flat |
|
Level 4
|
RM 68,000
|
RM 124
|
549 sqft
|
|
LC Flat |
| 2022 | |||||
|
Level 4
|
RM 60,000
|
RM 109
|
549 sqft
|
|
LC Flat |
| 2021 | |||||
|
Level 4
|
RM 80,000
|
RM 146
|
549 sqft
|
|
LC Flat |
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Market Snapshot
ResidentialRM 73,000
RM 133 psfMedian transaction price
Jalan Tunku Abdul Rahman, 75350 Batu Berendam, Melaka, Malaysia
MapsRum Pangsa Batu Berendam in Melaka Tengah, Melaka recorded 4 subsale transactions between 2021 and 2026, sized between 525 and 574 sqft, with a median price of RM 73K and a median price per square foot (PSF) of RM 133.
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 73K, with most transactions falling within a stable range of RM 65K to RM 80K, and a typical market range of RM 60K to RM 80K.
Most transactions involved low-cost flat, though some variety exists in the market.
The median PSF stands at RM 133, with core pricing between RM 118 and RM 148. Market pricing typically extends from RM 115.35 to RM 150.61, reflecting moderate variation in unit pricing. With an IQR of RM 35.25 and MAD of RM 15, 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.