TAMAN PERMATANG PASIR PERMAI in Melaka Tengah, Melaka recorded 8 subsale transactions in 2022, with a median price of RM 151K and a median price per square foot (PSF) of RM 202.
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 151K, with most transactions falling within a stable range of RM 143K to RM 152K, and a typical market range of RM 130K to RM 152K.
Most transactions involved town house, with high diversity across multiple property types.
For price per square foot, the median is RM 202, with most transactions between RM 189 and RM 215. The usual range is RM 173.00 to RM 231.00, showing that most units are priced quite close to each other. With an IQR of RM 58.00 and MAD of RM 13, 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.