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 124K to RM 178K, and a typical market range of RM -19,000 to RM 321K.
Most transactions involved town house, with high diversity across multiple property types.
The median PSF stands at RM 202, with core pricing between RM 179 and RM 225. Market pricing typically extends from RM 173.00 to RM 231.00, 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.