BANDAR BARU SUNGAI UDANG in Melaka Tengah, Melaka recorded 10 subsale transactions in 2024, with a median price of RM 310K and a median price per square foot (PSF) of RM 192.
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 310K, with most transactions falling within a stable range of RM 268K to RM 352K, and a typical market range of RM 259K to RM 361K.
Most transactions involved 1 1/2 storey terracedcond, with moderate diversity in property types available.
The median PSF stands at RM 192, with core pricing between RM 162 and RM 223. Market pricing typically extends from RM 161.25 to RM 222.75, reflecting moderate variation in unit pricing. 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.
