PRIME SQUQRE ( UNIT STRATA)

PRIME SQUQRE ( UNIT STRATA) in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 135K and a median price per square foot (PSF) of RM 203.

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 135K, with most transactions falling within a stable range of RM 90K to RM 180K, and a typical market range of RM 118K to RM 153K.

Most transactions involved flats, though some variety exists in the market.

Price per square foot shows a median of RM 203, though individual units vary from RM 135 to RM 270 in the core range. The broader market spans RM 176.25 to RM 228.75, indicating diverse property characteristics. A wider spread (IQR: RM 52.50) and deviation (MAD: RM 68) indicate significant PSF variations, likely due to diverse property types or conditions.

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.