THE APPLE

THE APPLE in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 589K and a median price per square foot (PSF) of RM 643.

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 589K, with most transactions falling within a stable range of RM 540K to RM 637K, and a typical market range of RM 546K to RM 631K.

Most transactions involved service apartment, with minimal variety in property types.

For price per square foot, the median is RM 643, with most transactions between RM 590 and RM 696. The usual range is RM 604.00 to RM 682.00, showing that most units are priced quite close to each other. With an IQR of RM 78.00 and MAD of RM 53, the PSF demonstrates reasonable consistency across the market.

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.