Rum Pangsa Laksamana Cheng Ho

20, Jln Laksamana Cheng Ho, 75000 Melaka, Malaysia

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Selling in Rum Pangsa Laksamana Cheng Ho? Homes here sold for a median of RM128,500.

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Market Snapshot

Residential

RM128,500

RM170 psf

Median transaction price

Rum Pangsa Laksamana Cheng Ho
© OpenStreetMap · CARTO

20, Jln Laksamana Cheng Ho, 75000 Melaka, Malaysia

Maps

Rum Pangsa Laksamana Cheng Ho in Melaka Tengah, Melaka recorded 0 subsale transactions in 2021, with a median price of RM129K and a median price per square foot (PSF) of RM170.

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 RM129K, with most transactions falling within a stable range of RM105K to RM152K, and a typical market range of RM101K to RM156K.

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

The median PSF stands at RM170, with core pricing between RM147 and RM193. Market pricing typically extends from RM149.00 to RM190.00, reflecting moderate variation in unit pricing. With an IQR of RM41.00 and MAD of RM23, the PSF demonstrates reasonable consistency across the market.

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.