RESIDENSI MERAK KAYANGAN

RESIDENSI MERAK KAYANGAN in Melaka Tengah, Melaka recorded 10 subsale transactions in 2021, with a median price of RM 419K and a median price per square foot (PSF) of RM 463.

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 419K, with most transactions falling within a stable range of RM 376K to RM 461K, and a typical market range of RM 398K to RM 439K.

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

Price per square foot shows a median of RM 463, though individual units vary from RM 192 to RM 734 in the core range. The broader market spans RM 439.00 to RM 487.00, indicating diverse property characteristics. A wider spread (IQR: RM 48.00) and deviation (MAD: RM 271) indicate significant PSF variations, likely due to diverse property types or conditions.

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.