Straits Courtyard in Melaka Tengah, Melaka recorded 3 subsale transactions in 2024, with a median price of RM5.45 million and a median price per square foot (PSF) of RM909.

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 RM5.45 million, with most transactions falling within a stable range of RM5.00 million to RM5.45 million, and a typical market range of RM4.87 million to RM5.45 million.

Most transactions involved detached, with minimal variety in property types.

The median PSF stands at RM909, with core pricing between RM767 and RM1,051. Market pricing typically extends from RM841.65 to RM976.40, reflecting moderate variation in unit pricing. The spread of RM134.75 (IQR) and deviation of RM142 (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. 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.