Area Intelligence

RUM PANGSA LAKSAMANA CHENG HO

4 properties
2024
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Median Price
RM 121,500
PSF: RM 192

Residential Market

Median Price

RM 121,500

IQR: RM 48
MAD: RM 25
RM 192 PSF 6.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

RUM PANGSA LAKSAMANA CHENG HO in Melaka Tengah, Melaka recorded 4 subsale transactions in 2024, with a median price of RM 122K and a median price per square foot (PSF) of RM 192.

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 122K, with most transactions falling within a stable range of RM 113K to RM 163K, and a typical market range of RM 113K to RM 150K.

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

The median PSF stands at RM 192, with core pricing between RM 165 and RM 219. Market pricing typically extends from RM 168.00 to RM 216.00, reflecting moderate variation in unit pricing. With an IQR of RM 48.00 and MAD of RM 27, 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.

Area Location

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RUM PANGSA LAKSAMANA CHENG HO, Melaka Tengah, Melaka

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Transactions

4 properties grouped by size

600 sqft
2 units Flat
RM 123,000
614 sqft · RM 200.00 PSF
May 2024
RM 113,000
614 sqft · RM 184.00 PSF
Mar 2024
900 sqft
1 units Flat
RM 120,000
893 sqft · RM 134.00 PSF
May 2024
1,050 sqft
1 units Flat
RM 215,000
1,066 sqft · RM 202.00 PSF
Aug 2024