RUM AWAM BUKIT LARANG

RUM AWAM BUKIT LARANG in Melaka Tengah, Melaka recorded 6 subsale transactions in 2024, with a median price of RM 198K and a median price per square foot (PSF) of RM 170.

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 198K, with most transactions falling within a stable range of RM 173K to RM 210K, and a typical market range of RM 181K to RM 210K.

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

The median PSF stands at RM 170, with core pricing between RM 149 and RM 191. Market pricing typically extends from RM 149.50 to RM 190.50, reflecting moderate variation in unit pricing. With an IQR of RM 41.00 and MAD of RM 21, the PSF demonstrates reasonable consistency across the market.

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.