KONDOMINIUM SELAT HORIZON

KONDOMINIUM SELAT HORIZON in Melaka Tengah, Melaka recorded 15 subsale transactions in 2023, with a median price of RM 242K and a median price per square foot (PSF) of RM 243.

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 242K, with most transactions falling within a stable range of RM 193K to RM 291K, and a typical market range of RM 210K to RM 274K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM 243, with core pricing between RM 201 and RM 285. Market pricing typically extends from RM 212.50 to RM 273.50, reflecting moderate variation in unit pricing. The spread of RM 61.00 (IQR) and deviation of RM 42 (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.