Rum Pangsa Pengkalan Rama (Lot 383) in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2026, with a median price of RM70K and a median price per square foot (PSF) of RM137.

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 RM70K, with most transactions falling within a stable range of RM65K to RM75K, and a typical market range of RM68K to RM73K.

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

For price per square foot, the median is RM137, with most transactions between RM127 and RM146. The usual range is RM131.87 to RM141.37, showing that most units are priced quite close to each other. A typical spread (IQR) of RM9.50 and an average deviation (MAD) of RM10 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.