Area Intelligence

RUM PANGSA TMN PELANGI

9 properties
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Median Price
RM 130,000
PSF: RM 117

Residential Market

Median Price

RM 130,000

IQR: RM 48
MAD: RM 13
RM 117 PSF 7.5%

PSF Trends (2021-2025)

RUM PANGSA TMN PELANGI in Melaka Tengah, Melaka recorded 9 subsale transactions between 2021 and 2025, with a median price of RM 130K and a median price per square foot (PSF) of RM 117.

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 130K, with most transactions falling within a stable range of RM 106K to RM 154K, and a typical market range of RM 106K to RM 157K.

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

The median PSF stands at RM 117, with core pricing between RM 104 and RM 130. Market pricing typically extends from RM 93.00 to RM 141.00, reflecting moderate variation in unit pricing. With an IQR of RM 48.00 and MAD of RM 13, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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RUM PANGSA TMN PELANGI, Melaka Tengah, Melaka

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Transactions

9 properties grouped by size

1,100 sqft
8 units Condo/Apartment
RM 120,000
1,109 sqft · RM 108.00 PSF
Oct 2024
RM 180,000
1,109 sqft · RM 162.00 PSF
Mar 2023
RM 106,000
1,109 sqft · RM 96.00 PSF
Sep 2022
RM 185,000
1,109 sqft · RM 167.00 PSF
Jun 2022
RM 115,000
1,109 sqft · RM 104.00 PSF
Jun 2022
RM 120,000
1,109 sqft · RM 108.00 PSF
May 2022
RM 173,000
1,109 sqft · RM 156.00 PSF
Nov 2021
RM 130,000
1,109 sqft · RM 117.00 PSF
Oct 2021
1,350 sqft
1 units Condo/Apartment
RM 168,000
1,356 sqft · RM 124.00 PSF
Nov 2022