PANGSAPURI ORKID MEWAH FASA 2

PANGSAPURI ORKID MEWAH FASA 2 in Melaka Tengah, Melaka recorded 3 subsale transactions in 2021, with a median price of RM 185K and a median price per square foot (PSF) of RM 185.

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 185K, with most transactions falling within a stable range of RM 139K to RM 205K, and a typical market range of RM 171K to RM 200K.

Most transactions involved condominium/apartment, with moderate diversity in property types available.

Price per square foot shows a median of RM 185, though individual units vary from RM 139 to RM 231 in the core range. The broader market spans RM 168.50 to RM 201.50, indicating diverse property characteristics. The spread of RM 33.00 (IQR) and deviation of RM 46 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.