BANDAR BARU SUNGAI UDANG

Area Intelligence
2022
Median Price
RM 294,000
PSF: RM 156

Residential PSF Trends

Median Price

RM 291,000

PSF: RM 147

Commercial PSF Trends

Median Price

RM 575,000

RM 288 PSF

BANDAR BARU SUNGAI UDANG in Melaka Tengah, Melaka recorded 24 subsale transactions in 2022, with a median price of RM 294K and a median price per square foot (PSF) of RM 156.

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 294K, with most transactions falling within a stable range of RM 540K to RM 312K, and a typical market range of RM 540K to RM 345K.

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

Price per square foot shows a median of RM 156, though individual units vary from RM 55 to RM 256 in the core range. The broader market spans RM 124.75 to RM 186.25, indicating diverse property characteristics. A wider spread (IQR: RM 61.50) and deviation (MAD: RM 100) indicate significant PSF variations, likely due to diverse property types or conditions.

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. Moderate transaction volume may require patience when buying or selling.

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BANDAR BARU SUNGAI UDANG, Melaka Tengah, Melaka

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Transactions

3 transactions grouped by size

1,200 sqft
Double Storey Shop
RM 540,000
JALAN KERAMBIT 2
1,216 sqft · RM 444 PSF
2,000 sqft
Double Storey Shop
RM 580,000
JALAN KERAMBIT 2
2,013 sqft · RM 288 PSF
2,850 sqft
Shop/Retail Lot
RM 575,000
Level G
2,842 sqft · RM 202 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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