Melaka
Melaka Tengah
Sg Udang
BANDAR BARU SUNGAI UDANG

BANDAR BARU SUNGAI UDANG

Area Intelligence

2023

Median Price

RM 306,000

PSF: RM 149

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Residential PSF Trends

Median Price

RM 303,000

PSF: RM 146

Commercial PSF Trends

Median Price

RM 636,000

RM 292 PSF

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 880K to RM 387K, and a typical market range of RM 880K to RM 357K.

Most transactions involved 1 1/2 storey terracedcond, with moderate diversity in property types available.

For price per square foot, the median is RM 149, with most transactions between RM 149 and RM 150. The usual range is RM 118.25 to RM 179.75, showing that most units are priced quite close to each other. With an IQR of RM 61.50 and MAD of RM 1, 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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BANDAR BARU SUNGAI UDANG, Melaka Tengah, Melaka

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