Pangsapuri Padang Jambu in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM130K and a median price per square foot (PSF) of RM173.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM130K, with most transactions falling within a stable range of RM120K to RM140K, and a typical market range of RM121K to RM139K.

Most transactions involved low-cost flat, though some variety exists in the market.

For price per square foot, the median is RM173, with most transactions between RM160 and RM187. The usual range is RM160.98 to RM185.73, showing that most units are priced quite close to each other. A typical spread (IQR) of RM24.75 and an average deviation (MAD) of RM13 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.