RUM PANGSA BATU BERENDAM in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 128K and a median price per square foot (PSF) of RM 172.
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 128K, with most transactions falling within a stable range of RM 104K to RM 151K, and a typical market range of RM 107K to RM 148K.
Most transactions involved low-cost flat, though some variety exists in the market.
The median PSF stands at RM 172, with core pricing between RM 153 and RM 191. Market pricing typically extends from RM 154.38 to RM 189.63, reflecting moderate variation in unit pricing. With an IQR of RM 35.25 and MAD of RM 19, the PSF demonstrates reasonable consistency across the market.
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.