BANDAR BARU SUNGAI UDANG in Melaka Tengah, Melaka recorded 13 subsale transactions in 2023, with a median price of RM 306K and a median price per square foot (PSF) of RM 149.
This area contains both residential and commercial properties. View 50 residential properties or 11 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 306K, with most transactions falling within a stable range of RM 264K to RM 348K, and a typical market range of RM 255K to RM 357K.
Most transactions involved 1 1/2 storey terracedcond, with moderate diversity in property types available.
Price per square foot shows a median of RM 149, though individual units vary from RM 119 to RM 180 in the core range. The broader market spans RM 118.25 to RM 179.75, indicating diverse property characteristics. The spread of RM 61.50 (IQR) and deviation of RM 31 (MAD) suggest moderate price variations reflecting different property features.
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.
