THE SHORE @ THE RIVER

THE SHORE @ THE RIVER in Melaka Tengah, Melaka recorded 4 subsale transactions in 2024, with a median price of RM 425K and a median price per square foot (PSF) of RM 551.

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 425K, with most transactions falling within a stable range of RM 264K to RM 586K, and a typical market range of RM 269K to RM 582K.

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

The median PSF stands at RM 551, with core pricing between RM 443 and RM 658. Market pricing typically extends from RM 509.00 to RM 592.00, reflecting moderate variation in unit pricing. The spread of RM 83.00 (IQR) and deviation of RM 107 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.