Rum Pangsa (Flat Bendahara)

Jalan SE 1, 75050 Melaka, Malaysia

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Market Snapshot

Residential

RM124,000

RM224 psf

Median transaction price

Rum Pangsa (Flat Bendahara) in Melaka Tengah, Melaka recorded 0 subsale transactions in 2021, with a median price of RM124K and a median price per square foot (PSF) of RM224.

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 RM124K, with most transactions falling within a stable range of RM100K to RM148K, and a typical market range of RM103K to RM145K.

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

The median PSF stands at RM224, with core pricing between RM181 and RM267. Market pricing typically extends from RM184.75 to RM262.25, reflecting moderate variation in unit pricing. The spread of RM77.50 (IQR) and deviation of RM43 (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.