Rum Pangsa Batu Berendam in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM128K and a median price per square foot (PSF) of RM172.

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 RM128K, with most transactions falling within a stable range of RM120K to RM135K, and a typical market range of RM120K to RM135K.

Most transactions involved low-cost flat, though some variety exists in the market.

For price per square foot, the median is RM172, with most transactions between RM162 and RM182. The usual range is RM154.05 to RM189.30, showing that most units are priced quite close to each other. A typical spread (IQR) of RM35.25 and an average deviation (MAD) of RM10 indicate a highly stable PSF trend across properties.

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.