AMBER COVE @ IMPRESSION CITY

AMBER COVE @ IMPRESSION CITY in Melaka Tengah, Melaka recorded 6 subsale transactions in 2023, with a median price of RM 365K and a median price per square foot (PSF) of RM 514.

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 365K, with most transactions falling within a stable range of RM 332K to RM 390K, and a typical market range of RM 320K to RM 390K.

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

For price per square foot, the median is RM 514, with most transactions between RM 467 and RM 561. The usual range is RM 451.00 to RM 577.00, showing that most units are priced quite close to each other. With an IQR of RM 126.00 and MAD of RM 47, 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.