RUM PANGSA PANTAI PERINGGIT

RUM PANGSA PANTAI PERINGGIT in Melaka Tengah, Melaka recorded 9 subsale transactions in 2024, with a median price of RM 35K and a median price per square foot (PSF) of RM 68.

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 35K, with most transactions falling within a stable range of RM 26K to RM 48K, and a typical market range of RM 29K to RM 42K.

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

Price per square foot shows a median of RM 68, though individual units vary from RM 43 to RM 93 in the core range. The broader market spans RM 55.50 to RM 80.50, indicating diverse property characteristics. A wider spread (IQR: RM 25.00) and deviation (MAD: RM 25) indicate significant PSF variations, likely due to diverse property types or conditions.

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.