RUM PANGSA KAMPONG PADANG

RUM PANGSA KAMPONG PADANG in Melaka Tengah, Melaka recorded 6 subsale transactions in 2023, with a median price of RM 42K and a median price per square foot (PSF) of RM 81.

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 RM 42K, with most transactions falling within a stable range of RM 36K to RM 42K, and a typical market range of RM 39K to RM 42K.

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

The median PSF stands at RM 81, with core pricing between RM 70 and RM 92. Market pricing typically extends from RM 75.50 to RM 86.50, reflecting moderate variation in unit pricing. With an IQR of RM 11.00 and MAD of RM 11, the PSF demonstrates reasonable consistency across the market.

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.