Area Intelligence

PANGSAPURI ORKID MEWAH FASA 2

2 properties
2024
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Median Price
RM 200,000
PSF: RM 190

Residential Market

Median Price

RM 200,000

IQR: RM 33
MAD: RM 13
RM 190 PSF 0.9%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

PANGSAPURI ORKID MEWAH FASA 2 in Melaka Tengah, Melaka recorded 2 subsale transactions in 2024, with a median price of RM 200K and a median price per square foot (PSF) of RM 190.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 190, with most transactions between RM 180 and RM 200. The usual range is RM 173.50 to RM 206.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 33.00 and an average deviation (MAD) of RM 10 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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PANGSAPURI ORKID MEWAH FASA 2, Melaka Tengah, Melaka

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Transactions

2 properties grouped by size

1,000 sqft
1 units Flat
RM 200,000
1,001 sqft · RM 200.00 PSF
Apr 2024
1,100 sqft
1 units Flat
RM 200,000
1,109 sqft · RM 180.00 PSF
Jun 2024