RUM AWAM PANTAI PERINGGIT

RUM AWAM PANTAI PERINGGIT in Melaka Tengah, Melaka recorded 3 subsale transactions in 2022, with a median price of RM 160K and a median price per square foot (PSF) of RM 90.

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 160K, with most transactions falling within a stable range of RM 131K to RM 180K, and a typical market range of RM 143K to RM 177K.

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

Price per square foot shows a median of RM 90, though individual units vary from RM 69 to RM 111 in the core range. The broader market spans RM 73.50 to RM 106.50, indicating diverse property characteristics. The spread of RM 33.00 (IQR) and deviation of RM 21 (MAD) suggest moderate price variations reflecting different property features.

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.