Area Intelligence

RUM.PANGSA BUKIT BARU JAYA

2 properties
2022
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Median Price
RM 216,500
PSF: RM 242

Residential Market

Median Price

RM 216,500

IQR: RM 71
MAD: RM 43
RM 242 PSF 5.7%

PSF Trends (2021-2025)

RUM.PANGSA BUKIT BARU JAYA in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 217K and a median price per square foot (PSF) of RM 242.

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 217K, with most transactions falling within a stable range of RM 178K to RM 255K, and a typical market range of RM 194K to RM 239K.

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

The median PSF stands at RM 242, with core pricing between RM 199 and RM 285. Market pricing typically extends from RM 206.38 to RM 277.63, reflecting moderate variation in unit pricing. The spread of RM 71.25 (IQR) and deviation of RM 43 (MAD) suggest moderate price variations reflecting different property features.

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.

Area Location

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RUM.PANGSA BUKIT BARU JAYA, Melaka Tengah, Melaka

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Transactions

2 properties grouped by size

900 sqft
2 units Condo/Apartment
RM 178,000
893 sqft · RM 199.00 PSF
Nov 2022
RM 255,000
893 sqft · RM 285.00 PSF
Jun 2022