Pengkalan Rama Flats (Lot 7)

Pengkalan Rama, 75100 Melaka, Malaysia

Property Transactions

6 subsales found

Median
RM96,000
PSF
RM129
Price Size
Period
transactions middle 50% (P25–P75)
RM90,000
Level 3
743 sqft RM121 PSF
RM102,000
Level 2
743 sqft RM137 PSF
RM128,000
Level 3
743 sqft RM172 PSF
RM80,000
Level 4
743 sqft RM108 PSF
RM120,000
Level 3
743 sqft RM162 PSF
RM78,000
Level 4
743 sqft RM105 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM96,000

RM129 psf

Median transaction price

Pengkalan Rama Flats (Lot 7) in Melaka Tengah, Melaka recorded 6 subsale transactions between 2021 and 2026, sized between 725 and 774 sqft, with a median price of RM96K and a median price per square foot (PSF) of RM129.

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 RM96K, with most transactions falling within a stable range of RM78K to RM115K, and a typical market range of RM83K to RM109K.

Most transactions involved flats, with minimal variety in property types.

The median PSF stands at RM129, with core pricing between RM104 and RM155. Market pricing typically extends from RM108.01 to RM150.51, reflecting moderate variation in unit pricing. The spread of RM42.50 (IQR) and deviation of RM26 (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.