Melaka
Melaka Tengah
Alai
TAMAN PERMATANG PASIR PERMAI

TAMAN PERMATANG PASIR PERMAI

Area Intelligence

2023

Median Price

RM 450,000

PSF: RM 132

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Residential PSF Trends

Median Price

RM 450,000

PSF: RM 132

TAMAN PERMATANG PASIR PERMAI in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, priced between RM 300K and RM 750K, with a median price of RM 450K and a median price per square foot (PSF) of RM 132.

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 450K, with most transactions falling within a stable range of RM 420K to RM 480K, and a typical market range of RM 420K to RM 480K.

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

For price per square foot, the median is RM 132, with most transactions between RM 123 and RM 141. The usual range is RM 102.91 to RM 160.91, showing that most units are priced quite close to each other. With an IQR of RM 58.00 and MAD of RM 9, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PERMATANG PASIR PERMAI, Melaka Tengah, Melaka

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