Area Intelligence

CASUARINA PARK (KONDO PANDAN WANGI)

11 properties
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Median Price
RM 198,000
PSF: RM 242

Commercial Market

Median Price

RM 198,000

IQR: RM 59
MAD: RM 28
RM 242 PSF

PSF Trends (2021-2025)

CASUARINA PARK (KONDO PANDAN WANGI) in Melaka Tengah, Melaka recorded 11 subsale transactions between 2021 and 2025, with a median price of RM 198K and a median price per square foot (PSF) of RM 242.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 198K, with most transactions falling within a stable range of RM 180K to RM 216K, and a typical market range of RM 180K to RM 327K.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

The median PSF stands at RM 242, with core pricing between RM 214 and RM 270. Market pricing typically extends from RM 212.50 to RM 271.50, reflecting moderate variation in unit pricing. With an IQR of RM 59.00 and MAD of RM 28, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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CASUARINA PARK (KONDO PANDAN WANGI), Melaka Tengah, Melaka

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Transactions

11 properties grouped by size

800 sqft
2 units Shop/Retail Lot
RM 190,000
786 sqft · RM 242.00 PSF
May 2023
RM 180,000
818 sqft · RM 220.00 PSF
May 2023
850 sqft
1 units Shop/Retail Lot
RM 180,000
840 sqft · RM 214.00 PSF
May 2023
900 sqft
2 units Shop/Retail Lot
RM 191,000
883 sqft · RM 216.00 PSF
May 2023
RM 193,000
904 sqft · RM 213.00 PSF
May 2023
1,000 sqft
1 units Shop/Retail Lot
RM 198,000
1,001 sqft · RM 198.00 PSF
May 2023
1,500 sqft
2 units Shop/Retail Lot
RM 495,000
1,496 sqft · RM 331.00 PSF
May 2023
RM 390,000
1,507 sqft · RM 259.00 PSF
May 2023
1,600 sqft
1 units Shop/Retail Lot
RM 498,000
1,582 sqft · RM 315.00 PSF
May 2023
1,650 sqft
1 units Shop/Retail Lot
RM 400,000
1,636 sqft · RM 244.00 PSF
May 2023
1,750 sqft
1 units Shop/Retail Lot
RM 500,000
1,733 sqft · RM 289.00 PSF
May 2023