Area Intelligence

PANGSAPURI KASTURI

4 properties
2022
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Median Price
RM 182,500
PSF: RM 194

Residential Market

Median Price

RM 182,500

IQR: RM 35
MAD: RM 21
RM 194 PSF 14.4%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

PANGSAPURI KASTURI in Melaka Tengah, Melaka recorded 4 subsale transactions in 2022, with a median price of RM 183K and a median price per square foot (PSF) of RM 194.

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 183K, with most transactions falling within a stable range of RM 158K to RM 627K, and a typical market range of RM 174K to RM 192K.

Most transactions involved condominium/apartment, though some variety exists in the market.

Price per square foot shows a median of RM 194, though individual units vary from RM 140 to RM 248 in the core range. The broader market spans RM 176.50 to RM 211.50, indicating diverse property characteristics. A wider spread (IQR: RM 35.00) and deviation (MAD: RM 54) indicate significant PSF variations, likely due to diverse property types or conditions.

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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PANGSAPURI KASTURI, Melaka Tengah, Melaka

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Transactions

4 properties grouped by size

900 sqft
2 units Condo/Apartment
RM 180,000
893 sqft · RM 201.00 PSF
Nov 2022
RM 158,000
893 sqft · RM 177.00 PSF
Feb 2022
1,000 sqft
1 units Condo/Apartment
RM 185,000
990 sqft · RM 187.00 PSF
May 2022
3,850 sqft
1 units Double Storey Semi-D
RM 1,200,000
JLN KASTURI SEKSYEN 1
3,864 sqft · RM 311.00 PSF
May 2022