RM3,200,000 (RM210.78 psf)
Taman Nam Yang, Melaka bungalow sold for RM3.2m | DONE DEAL
(REN 28187) 0176889998
Bandar Nusa Rhu, Selangor terrace house sold for RM695k | DONE DEAL
Taman Sri Hartamas, Kuala Lumpur terrace house sold for RM1.9m | DONE DEAL
Sunway Citrine Lakehomes, Johor town house rented for RM4k | DONE DEAL
According to EdgeProp EPIQ, within a 0.5km radius from the point of Jalan Low Hee Kong, Melaka, the average transacted price of landed properties increased from RM399,000 in 2022 to RM448,000 in 2023, before easing to RM421,000 in 2024. On a per-square-foot basis, prices rose from RM222 psf in 2022 to RM256 psf in 2023, before moderating to RM242 psf in 2024.
According to Wesley Tan (REN 28187) (017-688 9998) of IQI Realty Sdn Bhd, the buyer loved that the unit is directly by the sea, a feature that is rare in Melaka. It was considered a good deal, as the previous owners have already carried out some refurbishment works and there had been strong interest from three other potential buyers. They decided to sell as they were downsizing, having moved to a penthouse after their children grew up and started working outside of Melaka.
As Penang girds itself towards the last lap of its Penang2030 vision, check out how the residential segment is keeping pace in EdgeProp’s special report: PENANG Investing Towards 2030.
