Area Intelligence

KONDOMINIUM BAYU LAGOON PARK RESORT

2 properties
2021
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Median Price
RM 171,000
PSF: RM 295

Residential Market

Median Price

RM 171,000

IQR: RM 61
MAD: RM 27
RM 295 PSF 3.7%

PSF Trends (2021-2025)

KONDOMINIUM BAYU LAGOON PARK RESORT in Melaka Tengah, Melaka recorded 2 subsale transactions in 2021, with a median price of RM 171K and a median price per square foot (PSF) of RM 295.

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 171K, with most transactions falling within a stable range of RM 170K to RM 172K, and a typical market range of RM 170K to RM 172K.

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

The median PSF stands at RM 295, with core pricing between RM 238 and RM 351. Market pricing typically extends from RM 264.00 to RM 325.00, reflecting moderate variation in unit pricing. The spread of RM 61.00 (IQR) and deviation of RM 57 (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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KONDOMINIUM BAYU LAGOON PARK RESORT, Melaka Tengah, Melaka

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Transactions

2 properties grouped by size

500 sqft
1 units Service Apartment
RM 170,000
484 sqft · RM 351.00 PSF
Oct 2021
700 sqft
1 units Service Apartment
RM 172,000
722 sqft · RM 238.00 PSF
Oct 2021