MELAKA PERDANA RESORT HOMES

MELAKA PERDANA RESORT HOMES in Melaka Tengah, Melaka recorded 4 subsale transactions in 2023, with a median price of RM 880K and a median price per square foot (PSF) of RM 115.

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 880K, with most transactions falling within a stable range of RM 490K to RM 1.33 million, and a typical market range of RM 670K to RM 1.09 million.

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 115, though individual units vary from RM 35 to RM 194 in the core range. The broader market spans RM 37.25 to RM 191.75, indicating diverse property characteristics. A wider spread (IQR: RM 154.50) and deviation (MAD: RM 79) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.