RUM PANGSA LEREH

RUM PANGSA LEREH in Melaka Tengah, Melaka recorded 6 subsale transactions in 2022, with a median price of RM 60K and a median price per square foot (PSF) of RM 109.

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 60K, with most transactions falling within a stable range of RM 48K to RM 73K, and a typical market range of RM 48K to RM 74K.

Most transactions involved low-cost flat, with minimal variety in property types.

Price per square foot shows a median of RM 109, though individual units vary from RM 84 to RM 134 in the core range. The broader market spans RM 83.25 to RM 134.75, indicating diverse property characteristics. The spread of RM 51.50 (IQR) and deviation of RM 25 (MAD) suggest moderate price variations reflecting different property features.

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.