TAMAN PERMATANG PASIR PERMAI in Melaka Tengah, Melaka recorded 8 subsale transactions in 2023, with a median price of RM 154K and a median price per square foot (PSF) of RM 193.
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 RM 154K, with most transactions falling within a stable range of RM 127K to RM 181K, and a typical market range of RM -16,500 to RM 324K.
Most transactions involved town house, with high diversity across multiple property types.
The median PSF stands at RM 193, with core pricing between RM 170 and RM 216. Market pricing typically extends from RM 164.00 to RM 222.00, reflecting moderate variation in unit pricing. With an IQR of RM 58.00 and MAD of RM 23, the PSF demonstrates reasonable consistency across the market.
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.