Area Intelligence

KONDOMINIUM BAYU LAGOON PARK RESORT

4 properties
2024
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Median Price
RM 204,000
PSF: RM 329

Residential Market

Median Price

RM 204,000

IQR: RM 61
MAD: RM 27
RM 329 PSF 3.7%

PSF Trends (2021-2025)

KONDOMINIUM BAYU LAGOON PARK RESORT in Melaka Tengah, Melaka recorded 4 subsale transactions in 2024, with a median price of RM 204K and a median price per square foot (PSF) of RM 329.

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 204K, with most transactions falling within a stable range of RM 120K to RM 288K, and a typical market range of RM 168K to RM 240K.

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

The median PSF stands at RM 329, with core pricing between RM 281 and RM 376. Market pricing typically extends from RM 298.00 to RM 359.00, reflecting moderate variation in unit pricing. With an IQR of RM 61.00 and MAD of RM 48, the PSF demonstrates reasonable consistency across the market.

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.

Area Location

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KONDOMINIUM BAYU LAGOON PARK RESORT, Melaka Tengah, Melaka

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Transactions

4 properties grouped by size

500 sqft
1 units Service Apartment
RM 109,000
484 sqft · RM 225.00 PSF
Jul 2024
550 sqft
1 units Service Apartment
RM 180,000
527 sqft · RM 341.00 PSF
Jan 2024
700 sqft
1 units Service Apartment
RM 228,000
721 sqft · RM 316.00 PSF
Mar 2024
1,000 sqft
1 units Service Apartment
RM 339,000
990 sqft · RM 342.00 PSF
Jan 2024