BANDAR BARU SUNGAI UDANG

Area Intelligence
2023
Median Price
RM 456,000
PSF: RM 117

Residential PSF Trends

Median Price

RM 419,500

PSF: RM 110

Commercial PSF Trends

Median Price

RM 1,041,000

RM 333 PSF

BANDAR BARU SUNGAI UDANG in Melaka Tengah, Melaka recorded 3 subsale transactions in 2023, with a median price of RM 456K and a median price per square foot (PSF) of RM 117.

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 456K, with most transactions falling within a stable range of RM 383K to RM 750K, and a typical market range of RM 405K to RM 507K.

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

Price per square foot shows a median of RM 117, though individual units vary from RM 11 to RM 223 in the core range. The broader market spans RM 86.25 to RM 147.75, indicating diverse property characteristics. A wider spread (IQR: RM 61.50) and deviation (MAD: RM 106) 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. Limited transaction history suggests carefully evaluating comparable sales data.

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BANDAR BARU SUNGAI UDANG, Melaka Tengah, Melaka

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Transactions

3 transactions grouped by size

3,100 sqft
Double Storey Shop
RM 1,041,000
JALAN KERAMBIT 1A
3,122 sqft · RM 333 PSF
3,250 sqft
Single Storey Terraced
RM 383,000
JALAN KERAMBIT6A
3,272 sqft · RM 117 PSF
4,500 sqft
Single Storey Semi-D
RM 456,000
JALAN KERAMBIT 94
4,478 sqft · RM 102 PSF

No Properties For Sale

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

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