Area Intelligence

KONDOMINIUM SELAT HORIZON

5 properties
2024
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Median Price
RM 240,000
PSF: RM 219

Residential Market

Median Price

RM 240,000

IQR: RM 61
MAD: RM 31
RM 219 PSF 12.7%

PSF Trends (2021-2025)

KONDOMINIUM SELAT HORIZON in Melaka Tengah, Melaka recorded 5 subsale transactions in 2024, with a median price of RM 240K and a median price per square foot (PSF) of RM 219.

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 240K, with most transactions falling within a stable range of RM 203K to RM 277K, and a typical market range of RM 208K to RM 272K.

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

Price per square foot shows a median of RM 219, though individual units vary from RM 171 to RM 267 in the core range. The broader market spans RM 188.50 to RM 249.50, indicating diverse property characteristics. The spread of RM 61.00 (IQR) and deviation of RM 48 (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.

Area Location

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KONDOMINIUM SELAT HORIZON, Melaka Tengah, Melaka

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Transactions

5 properties grouped by size

950 sqft
2 units Condo/Apartment
RM 188,000
969 sqft · RM 194.00 PSF
Apr 2024
RM 240,000
969 sqft · RM 248.00 PSF
Apr 2024
1,000 sqft
1 units Condo/Apartment
RM 300,000
990 sqft · RM 303.00 PSF
Jan 2024
1,150 sqft
1 units Condo/Apartment
RM 250,000
1,141 sqft · RM 219.00 PSF
Oct 2024
1,350 sqft
1 units Condo/Apartment
RM 220,000
1,356 sqft · RM 162.00 PSF
Apr 2024