CASUARINA PARK (KONDO PANDAN WANGI)

Area Intelligence
2023
Median Price
RM 198,000
PSF: RM 242

CASUARINA PARK (KONDO PANDAN WANGI) in Melaka Tengah, Melaka recorded 11 subsale transactions in 2023, with a median price of RM 198K and a median price per square foot (PSF) of RM 242.

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 198K, with most transactions falling within a stable range of RM 390K to RM 248K, and a typical market range of RM 390K to RM 327K.

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

The median PSF stands at RM 242, with core pricing between RM 209 and RM 275. Market pricing typically extends from RM 212.50 to RM 271.50, reflecting moderate variation in unit pricing. With an IQR of RM 59.00 and MAD of RM 33, 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.

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CASUARINA PARK (KONDO PANDAN WANGI), Melaka Tengah, Melaka

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Transactions

5 transactions grouped by size

1,500 sqft
Shop/Retail Lot
RM 495,000
Level 2
1,496 sqft · RM 331 PSF
RM 390,000
Level 3
1,507 sqft · RM 259 PSF
1,600 sqft
Shop/Retail Lot
RM 498,000
Level 1
1,582 sqft · RM 315 PSF
1,650 sqft
Shop/Retail Lot
RM 400,000
Level 2
1,636 sqft · RM 244 PSF
1,750 sqft
Shop/Retail Lot
RM 500,000
Level 1
1,733 sqft · RM 289 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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