Melody Park (Pangsapuri Melati)

P-1-4,Pangsapuri Hilir Kota, Jalan Melaka Raya 23, Melaka Raya, Taman Hilir Kota 1, 75000 Malacca, Malaysia

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Selling in Melody Park (Pangsapuri Melati)? Homes here sold for a median of RM134,000.

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Melody Park (Pangsapuri Melati)
© OpenStreetMap · CARTO

P-1-4,Pangsapuri Hilir Kota, Jalan Melaka Raya 23, Melaka Raya, Taman Hilir Kota 1, 75000 Malacca, Malaysia

Maps

Melody Park (Pangsapuri Melati) in Melaka Tengah, Melaka recorded 0 subsale transactions in 2023, with a median price of RM134K and a median price per square foot (PSF) of RM227.

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 RM134K, with most transactions falling within a stable range of RM128K to RM140K, and a typical market range of RM131K to RM137K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM227, with most transactions between RM217 and RM237. The usual range is RM222.00 to RM232.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM10.00 and an average deviation (MAD) of RM10 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.