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Market Snapshot
ResidentialRM 31,000
RM 60 psfMedian transaction price
Jalan Pantai Peringgit, 75400 Peringgit, Melaka, Malaysia
MapsRum Pangsa Pantai Peringgit in Melaka Tengah, Melaka recorded 1 subsale transactions in 2021, with a median price of RM 31K and a median price per square foot (PSF) of RM 60.
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 60, with most transactions between RM 60 and RM 60. The usual range is RM 47.50 to RM 72.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 25.00 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.
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.