| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 2
|
RM180,000
|
RM201
|
893 sqft
|
|
|
|
Level 5
|
RM158,000
|
RM177
|
893 sqft
|
|
|
Jalan Kasturi Seksyen 1
|
RM1,200,000
|
RM311
|
3,864 sqft
|
|
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PSF median price per sq ft · 12m its change over the past 12 months
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Taman Kasturi, 75050 Melaka, Malaysia
MapsPangsapuri Kasturi in Melaka Tengah, Melaka recorded 4 subsale transactions in 2022, with a median price of RM183K and a median price per square foot (PSF) of RM194.
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 RM183K, with most transactions falling within a stable range of RM158K to RM627K, and a typical market range of RM174K to RM192K.
Most transactions involved condominium/apartment, though some variety exists in the market.
Price per square foot shows a median of RM194, though individual units vary from RM141 to RM248 in the core range. The broader market spans RM176.65 to RM211.65, indicating diverse property characteristics. A wider spread (IQR: RM35.00) and deviation (MAD: RM54) 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.