JLN UJONG PASIR

JLN UJONG PASIR in Melaka Tengah, Melaka recorded 2 subsale transactions in 2021, with a median price of RM 710K and a median price per square foot (PSF) of RM 411.

This area contains both residential and commercial properties. View 2 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 710K, with most transactions falling within a stable range of RM 570K to RM 850K, and a typical market range of RM 570K to RM 850K.

Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.

The median PSF stands at RM 411, with core pricing between RM 339 and RM 482. Market pricing typically extends from RM 294.63 to RM 526.38, reflecting moderate variation in unit pricing. The spread of RM 231.75 (IQR) and deviation of RM 72 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.