Area Intelligence

KIARA MUTIARA APPARTMENT

5 properties
2023
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Median Price
RM 180,000
PSF: RM 232

Residential Market

Median Price

RM 180,000

IQR: RM 22
MAD: RM 9
RM 232 PSF 0.9%

PSF Trends (2021-2025)

KIARA MUTIARA APPARTMENT in Melaka Tengah, Melaka recorded 5 subsale transactions in 2023, with a median price of RM 180K and a median price per square foot (PSF) of RM 232.

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 180K, with most transactions falling within a stable range of RM 170K to RM 195K, and a typical market range of RM 172K to RM 189K.

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

For price per square foot, the median is RM 232, with most transactions between RM 212 and RM 252. The usual range is RM 221.00 to RM 243.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 22.00 and an average deviation (MAD) of RM 20 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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KIARA MUTIARA APPARTMENT, Melaka Tengah, Melaka

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Transactions

5 properties grouped by size

800 sqft
5 units Condo/Apartment
RM 215,000
780 sqft · RM 276.00 PSF
Sep 2023
RM 180,000
775 sqft · RM 232.00 PSF
Aug 2023
RM 180,000
775 sqft · RM 232.00 PSF
Aug 2023
RM 170,000
775 sqft · RM 219.00 PSF
Mar 2023
RM 180,000
775 sqft · RM 232.00 PSF
Jan 2023