RUM PANGSA LAKSAMANA CHENG HO

RUM PANGSA LAKSAMANA CHENG HO in Melaka Tengah, Melaka recorded 3 subsale transactions in 2023, with a median price of RM 128K and a median price per square foot (PSF) of RM 142.

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 128K, with most transactions falling within a stable range of RM 108K to RM 129K, and a typical market range of RM 99K to RM 129K.

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

For price per square foot, the median is RM 142, with most transactions between RM 131 and RM 153. The usual range is RM 118.00 to RM 166.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 48.00 and an average deviation (MAD) of RM 11 indicate a highly stable PSF trend across properties.

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.