Pangsapuri Cempaka Raya (Iskandar Shah) in Melaka Tengah, Melaka recorded 3 subsale transactions in 2022, with a median price of RM170K and a median price per square foot (PSF) of RM182.

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 RM170K, with most transactions falling within a stable range of RM163K to RM177K, and a typical market range of RM165K to RM175K.

Most transactions involved condominium/apartment, though some variety exists in the market.

For price per square foot, the median is RM182, with most transactions between RM174 and RM189. The usual range is RM176.03 to RM187.03, showing that most units are priced quite close to each other. A typical spread (IQR) of RM11.00 and an average deviation (MAD) of RM8 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.