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Plaza Sungai Udang, 76450 Sungai Udang, Melaka, Malaysia
MapsPlaza Sungai Udang in Melaka Tengah, Melaka recorded 0 subsale transactions in 2023, with a median price of RM 744K and a median price per square foot (PSF) of RM 520.
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 744K, with most transactions falling within a stable range of RM 738K to RM 750K, and a typical market range of RM 732K to RM 757K.
Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.
For price per square foot, the median is RM 520, with most transactions between RM 516 and RM 524. The usual range is RM 511.25 to RM 528.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 17.50 and an average deviation (MAD) of RM 4 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.