Area Intelligence

PEC.LOT 2276

2 properties
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Median Price
RM 415,000
PSF: RM 87

Residential Market

Median Price

RM 415,000

IQR: RM 3
MAD: RM 3
RM 87 PSF

PSF Trends (2021-2025)

PEC.LOT 2276 in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 415K and a median price per square foot (PSF) of RM 87.

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 400K to RM 430K, and a typical market range of RM 408K to RM 423K.

Most transactions involved detached, with minimal variety in property types.

For price per square foot, the median is RM 87, with most transactions between RM 84 and RM 89. The usual range is RM 85.25 to RM 87.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 2.50 and an average deviation (MAD) of RM 3 indicate a highly stable PSF trend across properties.

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.

Area Location

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PEC.LOT 2276, Melaka Tengah, Melaka

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Transactions

2 properties found

Detached JALAN PAYA MENGKUANG 2
RM 400,000
4,499 sqft May 2024
RM 89.00 PSF
Detached JALAN PM 2/3C
RM 430,000
5,134 sqft May 2024
RM 84.00 PSF