Area Intelligence

RUM PANGSA TMN MERDEKA

3 properties
2021
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Median Price
RM 85,000
PSF: RM 132

Residential Market

Median Price

RM 85,000

IQR: RM 45
MAD: RM 25
RM 132 PSF 5.3%

PSF Trends (2021-2025)

RUM PANGSA TMN MERDEKA in Melaka Tengah, Melaka recorded 3 subsale transactions in 2021, with a median price of RM 85K and a median price per square foot (PSF) of RM 132.

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 85K, with most transactions falling within a stable range of RM 69K to RM 101K, and a typical market range of RM 70K to RM 101K.

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

The median PSF stands at RM 132, with core pricing between RM 112 and RM 152. Market pricing typically extends from RM 109.50 to RM 154.50, reflecting moderate variation in unit pricing. The spread of RM 45.00 (IQR) and deviation of RM 20 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. 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

3 properties grouped by size

650 sqft
2 units Low-Cost Flat
RM 65,000
646 sqft · RM 101.00 PSF
Nov 2021
RM 85,000
646 sqft · RM 132.00 PSF
Oct 2021
700 sqft
1 units Low-Cost Flat
RM 105,000
700 sqft · RM 150.00 PSF
Apr 2021