Rum Pangsa Pantai Peringgit in Melaka Tengah, Melaka recorded 6 subsale transactions in 2023, with a median price of RM42K and a median price per square foot (PSF) of RM78.

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 RM42K, with most transactions falling within a stable range of RM27K to RM60K, and a typical market range of RM38K to RM46K.

Most transactions involved low-cost flat, with minimal variety in property types.

Price per square foot shows a median of RM78, though individual units vary from RM49 to RM107 in the core range. The broader market spans RM71.16 to RM85.16, indicating diverse property characteristics. A wider spread (IQR: RM14.00) and deviation (MAD: RM29) 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.