THE HEIGHTS RESIDENCE

THE HEIGHTS RESIDENCE in Melaka Tengah, Melaka recorded 7 subsale transactions in 2022, with a median price of RM 300K and a median price per square foot (PSF) of RM 384.

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 300K, with most transactions falling within a stable range of RM 275K to RM 325K, and a typical market range of RM 268K to RM 332K.

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

For price per square foot, the median is RM 384, with most transactions between RM 346 and RM 422. The usual range is RM 344.00 to RM 424.00, showing that most units are priced quite close to each other. With an IQR of RM 80.00 and MAD of RM 38, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.