Area Intelligence

RUM PANGSA BACANG PERMAI

4 properties
2022
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Median Price
RM 96,000
PSF: RM 127

Residential Market

Median Price

RM 96,000

IQR: RM 13
RM 127 PSF 13.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 480,000

RM 277 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

RUM PANGSA BACANG PERMAI in Melaka Tengah, Melaka recorded 4 subsale transactions in 2022, with a median price of RM 96K and a median price per square foot (PSF) of RM 127.

This area contains both residential and commercial properties. View 6 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved flats, though some variety exists in the market.

For price per square foot, the median is RM 127, with most transactions between RM 127 and RM 127. The usual range is RM 122.75 to RM 131.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 8.50 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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RUM PANGSA BACANG PERMAI, Melaka Tengah, Melaka

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Transactions

4 properties grouped by size

750 sqft
4 units Flat
RM 96,000
753 sqft · RM 127.00 PSF
Mar 2022
RM 96,000
753 sqft · RM 127.00 PSF
Mar 2022
RM 96,000
756 sqft · RM 127.00 PSF
Mar 2022
RM 96,000
756 sqft · RM 127.00 PSF
Mar 2022