Pangsapuri Parameswara (Kemajuan Lajak)

1, Jln Parameswara, Banda Hilir, 75000 Melaka, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM230,000
PSF
RM219
Price Size
Period
transactions middle 50% (P25–P75)
950 sqft
Condo
RM240,000
Level 2
958 sqft · RM251 PSF
1,150 sqft
Condo
RM220,000
Level 4&5
1,173 sqft · RM188 PSF
Legend Recent Highest Price Highest PSF

Selling in Pangsapuri Parameswara (Kemajuan Lajak)? Homes here sold for a median of RM230,000.

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Pangsapuri Parameswara (Kemajuan Lajak)
© OpenStreetMap · CARTO

1, Jln Parameswara, Banda Hilir, 75000 Melaka, Malaysia

Maps

Pangsapuri Parameswara (Kemajuan Lajak) in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM230K and a median price per square foot (PSF) of RM219.

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 RM230K, with most transactions falling within a stable range of RM220K to RM240K, and a typical market range of RM220K to RM240K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM219, with core pricing between RM188 and RM251. Market pricing typically extends from RM200.65 to RM237.40, reflecting moderate variation in unit pricing. With an IQR of RM36.75 and MAD of RM32, the PSF demonstrates reasonable consistency across the market.

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.