PANGSAPURI ORKID MEWAH FASA 2

PANGSAPURI ORKID MEWAH FASA 2 in Melaka Tengah, Melaka recorded 5 subsale transactions in 2022, with a median price of RM 206K and a median price per square foot (PSF) of RM 206.

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 206K, with most transactions falling within a stable range of RM 164K to RM 248K, and a typical market range of RM 192K to RM 221K.

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

Price per square foot shows a median of RM 206, though individual units vary from RM 163 to RM 249 in the core range. The broader market spans RM 189.50 to RM 222.50, indicating diverse property characteristics. The spread of RM 33.00 (IQR) and deviation of RM 43 (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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.