Selling in The Straits Residence? Homes here sold for a median of RM600,000.
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The Straits Residence
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Bdr Melaka
Jalan Merdeka Raya, Taman Melaka Raya, 75000 Melaka, Malaysia
MapsThe Straits Residence in Melaka Tengah, Melaka recorded 1 subsale transactions in 2022, with a median price of RM600K and a median price per square foot (PSF) of RM832.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved serviced apartment, with minimal variety in property types.
For price per square foot, the median is RM832, with most transactions between RM832 and RM832. The usual range is RM797.22 to RM866.72, showing that most units are priced quite close to each other. With an IQR of RM69.50 and MAD of RM0, 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.