Admiral Residences

Jln KLJ 5, 2 Malacca, Malaysia

Property Transactions

2 subsales found

Median
RM376,000
PSF
RM361
Price Size
Period
transactions middle 50% (P25–P75)
RM415,000
Level 17
1,043 sqft RM398 PSF
RM337,000
Level 9
1,043 sqft RM323 PSF
Legend Recent Highest Price Highest PSF

Selling in Admiral Residences? Homes here sold for a median of RM376,000.

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Market Snapshot

Residential

RM376,000

RM361 psf

Median transaction price

Average

Does ADMIRAL RESIDENCES rent out well?

Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.

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Admiral Residences in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM376K and a median price per square foot (PSF) of RM361.

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 RM376K, with most transactions falling within a stable range of RM337K to RM415K, and a typical market range of RM343K to RM410K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM361, with core pricing between RM323 and RM398. Market pricing typically extends from RM337.03 to RM384.03, reflecting moderate variation in unit pricing. With an IQR of RM47.00 and MAD of RM37, 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.