Area Intelligence

RUM PANGSA TMN MERDEKA

4 properties
2024
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Median Price
RM 107,500
PSF: RM 154

Residential Market

Median Price

RM 107,500

IQR: RM 45
MAD: RM 25
RM 154 PSF 5.3%

PSF Trends (2021-2025)

RUM PANGSA TMN MERDEKA in Melaka Tengah, Melaka recorded 4 subsale transactions in 2024, with a median price of RM 108K and a median price per square foot (PSF) of RM 154.

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 108K, with most transactions falling within a stable range of RM 93K to RM 115K, and a typical market range of RM 92K to RM 115K.

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

The median PSF stands at RM 154, with core pricing between RM 131 and RM 177. Market pricing typically extends from RM 131.50 to RM 176.50, reflecting moderate variation in unit pricing. With an IQR of RM 45.00 and MAD of RM 23, 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.

Area Location

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RUM PANGSA TMN MERDEKA, Melaka Tengah, Melaka

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Transactions

4 properties grouped by size

650 sqft
1 units Low-Cost Flat
RM 100,000
646 sqft · RM 155.00 PSF
Jun 2024
700 sqft
1 units Low-Cost Flat
RM 115,000
700 sqft · RM 164.00 PSF
May 2024
750 sqft
2 units Low-Cost Flat
RM 115,000
753 sqft · RM 153.00 PSF
Apr 2024
RM 80,000
753 sqft · RM 106.00 PSF
Apr 2024