Rum Awam Banda Hilir in Melaka Tengah, Melaka recorded 2 subsale transactions in 2024, with a median price of RM101K and a median price per square foot (PSF) of RM91.

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 RM101K, with most transactions falling within a stable range of RM33K to RM168K, and a typical market range of RM43K to RM159K.

Most transactions involved low-cost house, though some variety exists in the market.

For price per square foot, the median is RM91, with most transactions between RM83 and RM99. The usual range is RM64.82 to RM116.82, showing that most units are priced quite close to each other. With an IQR of RM52.00 and MAD of RM8, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.