TAMAN PERMATANG PASIR PERMAI

TAMAN PERMATANG PASIR PERMAI in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, priced between RM 300K and RM 750K, with a median price of RM 555K and a median price per square foot (PSF) of RM 171.

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 555K, with most transactions falling within a stable range of RM 390K to RM 720K, and a typical market range of RM 390K to RM 720K.

Most transactions involved town house, with high diversity across multiple property types.

Price per square foot shows a median of RM 171, though individual units vary from RM 122 to RM 221 in the core range. The broader market spans RM 142.38 to RM 200.38, indicating diverse property characteristics. A wider spread (IQR: RM 58.00) and deviation (MAD: RM 49) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.