THE SHORE @ THE RIVER

THE SHORE @ THE RIVER in Melaka Tengah, Melaka recorded 3 subsale transactions in 2022, with a median price of RM 863K and a median price per square foot (PSF) of RM 703.

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 863K, with most transactions falling within a stable range of RM 818K to RM 929K, and a typical market range of RM 818K to RM 976K.

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

For price per square foot, the median is RM 703, with most transactions between RM 649 and RM 757. The usual range is RM 661.50 to RM 744.50, showing that most units are priced quite close to each other. With an IQR of RM 83.00 and MAD of RM 54, 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.