RUM PANGSA LAKSAMANA CHENG HO

RUM PANGSA LAKSAMANA CHENG HO in Melaka Tengah, Melaka recorded 7 subsale transactions in 2022, with a median price of RM 130K and a median price per square foot (PSF) of RM 171.

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 130K, with most transactions falling within a stable range of RM 94K to RM 166K, and a typical market range of RM 101K to RM 159K.

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

The median PSF stands at RM 171, with core pricing between RM 149 and RM 193. Market pricing typically extends from RM 147.00 to RM 195.00, reflecting moderate variation in unit pricing. With an IQR of RM 48.00 and MAD of RM 22, 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.