RUM AWAM BUKIT LARANG

RUM AWAM BUKIT LARANG in Melaka Tengah, Melaka recorded 6 subsale transactions in 2022, with a median price of RM 150K and a median price per square foot (PSF) of RM 116.

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 150K, with most transactions falling within a stable range of RM 126K to RM 160K, and a typical market range of RM 134K to RM 160K.

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

Price per square foot shows a median of RM 116, though individual units vary from RM 89 to RM 143 in the core range. The broader market spans RM 95.50 to RM 136.50, indicating diverse property characteristics. The spread of RM 41.00 (IQR) and deviation of RM 27 (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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.