Area Intelligence

MELAKA PERDANA RESORT HOMES

3 properties
2024
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Median Price
RM 500,000
PSF: RM 272

Residential Market

Median Price

RM 500,000

IQR: RM 155
MAD: RM 78
RM 272 PSF 9.7%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

MELAKA PERDANA RESORT HOMES in Melaka Tengah, Melaka recorded 3 subsale transactions in 2024, with a median price of RM 500K and a median price per square foot (PSF) of RM 272.

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 500K, with most transactions falling within a stable range of RM 441K to RM 535K, and a typical market range of RM 396K to RM 535K.

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

The median PSF stands at RM 272, with core pricing between RM 240 and RM 304. Market pricing typically extends from RM 194.75 to RM 349.25, reflecting moderate variation in unit pricing. With an IQR of RM 154.50 and MAD of RM 32, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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MELAKA PERDANA RESORT HOMES, Melaka Tengah, Melaka

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Transactions

3 properties grouped by size

1,850 sqft
3 units Double Storey Terraced
RM 396,000
JLN TMP 4
1,841 sqft · RM 215.00 PSF
Apr 2024
RM 535,000
JLN TMP 2
1,841 sqft · RM 291.00 PSF
Mar 2024
RM 500,000
TMP2
1,841 sqft · RM 272.00 PSF
Feb 2024