THE PINES
Residential Market
Median Price
RM 350,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Service Apartment
8 properties
Median Price
RM 300,000
-7.9% CAGR
Median PSF
RM 606.00
-7.9% CAGR
Condo/Apartment
1 properties
Median Price
RM 350,000
Median PSF
RM 707.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Service Apartment | 8 |
RM 300,000
±20K MAD
|
-7.90% |
RM 606.00
±40 MAD
|
-7.88% | |
| Condo/Apartment | 1 |
RM 350,000
|
- |
RM 707.00
|
- |
THE PINES in Melaka Tengah, Melaka recorded 1 Condo/Apartment properties subsale transactions between 2021 and 2025 for condo/apartment properties, with a median price of RM 350K and a median price per square foot (PSF) of RM 707.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Within the Condo/Apartment category, service apartment dominated the market, though some variety exists in the market.
For price per square foot, the median is RM 707, with most transactions between RM 707 and RM 707. The usual range is RM 683.50 to RM 730.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 47.00 and an average deviation (MAD) of RM 0 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.
Filter by type, year, price, and size
Transactions
1 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
RM 350,000
|
RM 707.00
|
495 sqft
|
Oct 2023
|