Rum Pangsa Laksamana Cheng Ho in Melaka Tengah, Melaka recorded 2 Low-Cost Flat properties subsale transactions between 2021 and 2026, with a median price of RM155K and a median price per square foot (PSF) of RM176.

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 RM155K, with most transactions falling within a stable range of RM130K to RM180K, and a typical market range of RM130K to RM180K.

Within the Low-Cost Flat category, flats dominated the market, though some variety exists in the market.

The median PSF stands at RM176, with core pricing between RM147 and RM204. Market pricing typically extends from RM155.11 to RM196.11, reflecting moderate variation in unit pricing. The spread of RM41.00 (IQR) and deviation of RM28 (MAD) suggest moderate price variations reflecting different property features.

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.