Area Intelligence

RUM PANGSA MPMBB

2 properties
2024
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Median Price
RM 122,500
PSF: RM 223

Residential Market

Median Price

RM 122,500

IQR: RM 56
MAD: RM 32
RM 223 PSF 10.7%

PSF Trends (2021-2025)

RUM PANGSA MPMBB in Melaka Tengah, Melaka recorded 2 subsale transactions in 2024, with a median price of RM 123K and a median price per square foot (PSF) of RM 223.

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 123K, with most transactions falling within a stable range of RM 100K to RM 145K, and a typical market range of RM 107K to RM 138K.

Most transactions involved low-cost flat, with minimal variety in property types.

The median PSF stands at RM 223, with core pricing between RM 182 and RM 264. Market pricing typically extends from RM 195.25 to RM 250.75, reflecting moderate variation in unit pricing. The spread of RM 55.50 (IQR) and deviation of RM 41 (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.

Area Location

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RUM PANGSA MPMBB, Melaka Tengah, Melaka

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Transactions

2 properties found

Low-Cost Flat
RM 145,000
549 sqft Mar 2024
RM 264.00 PSF
Low-Cost Flat
RM 100,000
549 sqft Feb 2024
RM 182.00 PSF