THE SHORE @ THE RIVER

THE SHORE @ THE RIVER in Melaka Tengah, Melaka recorded 3 subsale transactions in 2021, with a median price of RM 861K and a median price per square foot (PSF) of RM 702.

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 861K, with most transactions falling within a stable range of RM 859K to RM 916K, and a typical market range of RM 859K to RM 976K.

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

For price per square foot, the median is RM 702, with most transactions between RM 658 and RM 746. The usual range is RM 660.50 to RM 743.50, showing that most units are priced quite close to each other. With an IQR of RM 83.00 and MAD of RM 44, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.