CASUARINA PARK (KONDO PANDAN WANGI)

CASUARINA PARK (KONDO PANDAN WANGI) in Melaka Tengah, Melaka recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 190K and a median price per square foot (PSF) of RM 216.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 190K, with most transactions falling within a stable range of RM 184K to RM 193K, and a typical market range of RM 180K to RM 193K.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

For price per square foot, the median is RM 216, with most transactions between RM 205 and RM 227. The usual range is RM 186.50 to RM 245.50, showing that most units are priced quite close to each other. With an IQR of RM 59.00 and MAD of RM 11, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.