Area Intelligence

RUM AWAM BANDA HILIR

2 properties
Low-Cost House
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Median Price
RM 216,500
PSF: RM 143

Residential Market

Median Price

RM 216,500

IQR: RM 52
MAD: RM 16
RM 143 PSF 21.3%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

RUM AWAM BANDA HILIR in Melaka Tengah, Melaka recorded 2 Low-Cost House properties subsale transactions between 2021 and 2025 for low-cost house properties, with a median price of RM 217K and a median price per square foot (PSF) of RM 143.

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 217K, with most transactions falling within a stable range of RM 168K to RM 265K, and a typical market range of RM 168K to RM 265K.

Within the Low-Cost House category, low-cost house dominated the market, though some variety exists in the market.

Price per square foot shows a median of RM 143, though individual units vary from RM 99 to RM 187 in the core range. The broader market spans RM 117.00 to RM 169.00, indicating diverse property characteristics. A wider spread (IQR: RM 52.00) and deviation (MAD: RM 44) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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RUM AWAM BANDA HILIR, Melaka Tengah, Melaka

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Transactions

2 properties grouped by size

1,400 sqft
1 units Low-Cost House
RM 265,000
JLN BANDA HILIR
1,421 sqft · RM 187.00 PSF
Dec 2021
1,700 sqft
1 units Low-Cost House
RM 168,000
RUMAH AWAM BANDAR HILIR
1,701 sqft · RM 99.00 PSF
Feb 2024