RUM PANGSA KERAJAAN NEGERI

RUM PANGSA KERAJAAN NEGERI in Melaka Tengah, Melaka recorded 5 subsale transactions in 2023, with a median price of RM 70K and a median price per square foot (PSF) of RM 138.

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 70K, with most transactions falling within a stable range of RM 57K to RM 83K, and a typical market range of RM 55K to RM 85K.

Most transactions involved low-cost flat, with minimal variety in property types.

The median PSF stands at RM 138, with core pricing between RM 120 and RM 156. Market pricing typically extends from RM 111.00 to RM 165.00, reflecting moderate variation in unit pricing. With an IQR of RM 54.00 and MAD of RM 18, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.