Melaka
Melaka Tengah
Ayer Molek
TAMAN PENGKALAN MINYAK DAMAI

TAMAN PENGKALAN MINYAK DAMAI

Area Intelligence

2022

Median Price

RM 393,500

PSF: RM 82

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Residential PSF Trends

Median Price

RM 393,500

PSF: RM 82

TAMAN PENGKALAN MINYAK DAMAI in Melaka Tengah, Melaka recorded 6 subsale transactions in 2022, with a median price of RM 394K and a median price per square foot (PSF) of RM 82.

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 394K, with most transactions falling within a stable range of RM 391K to RM 242K, and a typical market range of RM 353K to RM 242K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

For price per square foot, the median is RM 82, with most transactions between RM 80 and RM 83. The usual range is RM 54.25 to RM 108.75, showing that most units are priced quite close to each other. With an IQR of RM 54.50 and MAD of RM 2, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PENGKALAN MINYAK DAMAI, Melaka Tengah, Melaka

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