RUM AWAM PULAU GADONG

RUM AWAM PULAU GADONG in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 120K and a median price per square foot (PSF) of RM 128.

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 120K, with most transactions falling within a stable range of RM 100K to RM 140K, and a typical market range of RM 104K to RM 136K.

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

The median PSF stands at RM 128, with core pricing between RM 107 and RM 149. Market pricing typically extends from RM 97.25 to RM 158.75, reflecting moderate variation in unit pricing. The spread of RM 61.50 (IQR) and deviation of RM 21 (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.