KONDOMINIUM BAYU LAGOON PARK RESORT

KONDOMINIUM BAYU LAGOON PARK RESORT in Melaka Tengah, Melaka recorded 5 subsale transactions in 2023, with a median price of RM 160K and a median price per square foot (PSF) of RM 305.

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 160K, with most transactions falling within a stable range of RM 150K to RM 236K, and a typical market range of RM 150K to RM 196K.

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

Price per square foot shows a median of RM 305, though individual units vary from RM 232 to RM 378 in the core range. The broader market spans RM 274.50 to RM 335.50, indicating diverse property characteristics. The spread of RM 61.00 (IQR) and deviation of RM 73 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.