MELAKA PERDANA RESORT HOMES

MELAKA PERDANA RESORT HOMES in Melaka Tengah, Melaka recorded 4 subsale transactions in 2022, with a median price of RM 415K and a median price per square foot (PSF) of RM 208.

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 415K, with most transactions falling within a stable range of RM 350K to RM 809K, and a typical market range of RM 350K to RM 626K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 208, though individual units vary from RM 140 to RM 275 in the core range. The broader market spans RM 130.25 to RM 284.75, indicating diverse property characteristics. A wider spread (IQR: RM 154.50) and deviation (MAD: RM 67) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.