|
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 |
|
Level 1
|
RM 125,000
|
RM 168
|
743 sqft
|
|
Flat |
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Market Snapshot
ResidentialRM 78,000
RM 142 psfMedian transaction price
Jalan Tunku Abdul Rahman, 75350 Batu Berendam, Melaka, Malaysia
MapsRum Pangsa Batu Berendam in Melaka Tengah, Melaka recorded 3 subsale transactions in 2024, with a median price of RM 78K and a median price per square foot (PSF) of RM 142.
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 78K, with most transactions falling within a stable range of RM 68K to RM 103K, and a typical market range of RM 68K to RM 98K.
Most transactions involved low-cost flat, though some variety exists in the market.
The median PSF stands at RM 142, with core pricing between RM 124 and RM 160. Market pricing typically extends from RM 124.47 to RM 159.72, reflecting moderate variation in unit pricing. With an IQR of RM 35.25 and MAD of RM 18, 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.