| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 4
|
RM 188,000
|
RM 194
|
969 sqft
|
|
|
|
Level 11
|
RM 240,000
|
RM 248
|
969 sqft
|
|
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Market Snapshot
ResidentialRM 240,000
RM 219 psfMedian transaction price
Pantai / Mutiara Tower, 75200 Malacca, Malaysia
MapsKondominium Selat Horizon in Melaka Tengah, Melaka recorded 5 subsale transactions in 2024, with a median price of RM 240K and a median price per square foot (PSF) of RM 219.
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 240K, with most transactions falling within a stable range of RM 203K to RM 277K, and a typical market range of RM 208K to RM 273K.
Most transactions involved condominium/apartment, with minimal variety in property types.
Price per square foot shows a median of RM 219, though individual units vary from RM 171 to RM 267 in the core range. The broader market spans RM 188.86 to RM 249.36, indicating diverse property characteristics. The spread of RM 60.50 (IQR) and deviation of RM 48 (MAD) suggest moderate price variations reflecting different property features.
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.