TAMAN PENGKALAN MINYAK DAMAI

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 309K to RM 439K, and a typical market range of RM 353K to RM 434K.

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

Price per square foot shows a median of RM 82, though individual units vary from RM 55 to RM 108 in the core range. The broader market spans RM 54.25 to RM 108.75, indicating diverse property characteristics. A wider spread (IQR: RM 54.50) and deviation (MAD: RM 26) indicate significant PSF variations, likely due to diverse property types or conditions.

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.