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Selling in Admiral Residences? Homes here sold for a median of RM413,000.
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Admiral Residences
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Bdr Melaka
Market Snapshot
ResidentialRM413,000
RM384 psfMedian transaction price
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Jln KLJ 5, 2 Malacca, Malaysia
MapsAdmiral Residences in Melaka Tengah, Melaka recorded 0 subsale transactions in 2021, with a median price of RM413K and a median price per square foot (PSF) of RM384.
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 RM413K, with most transactions falling within a stable range of RM380K to RM446K, and a typical market range of RM380K to RM447K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM384, with most transactions between RM353 and RM415. The usual range is RM360.50 to RM407.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM47.00 and an average deviation (MAD) of RM31 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.