CASUARINA PARK (KONDO PANDAN WANGI)

Area Intelligence
2023
Median Price
RM 495,000
PSF: RM 289

CASUARINA PARK (KONDO PANDAN WANGI) in Melaka Tengah, Melaka recorded 5 subsale transactions in 2023, priced between RM 300K and RM 750K, with a median price of RM 495K and a median price per square foot (PSF) of RM 289.

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 495K, with most transactions falling within a stable range of RM 445K to RM 500K, and a typical market range of RM 390K to RM 500K.

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

The median PSF stands at RM 289, with core pricing between RM 256 and RM 321. Market pricing typically extends from RM 259.02 to RM 318.02, 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. Some price volatility exists, making thorough market research essential before transacting. 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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Property 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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