RUM PANGSA BT BERENDAM

RUM PANGSA BT BERENDAM in Melaka Tengah, Melaka recorded 3 subsale transactions in 2022, with a median price of RM 90K and a median price per square foot (PSF) of RM 121.

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 90K, with most transactions falling within a stable range of RM 68K to RM 112K, and a typical market range of RM 70K to RM 110K.

Most transactions involved low-cost flat, though some variety exists in the market.

The median PSF stands at RM 121, with core pricing between RM 102 and RM 140. Market pricing typically extends from RM 103.38 to RM 138.63, reflecting moderate variation in unit pricing. The spread of RM 35.25 (IQR) and deviation of RM 19 (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.