TAMAN PENGKALAN MINYAK DAMAI

TAMAN PENGKALAN MINYAK DAMAI in Melaka Tengah, Melaka recorded 11 subsale transactions in 2023, with a median price of RM 338K and a median price per square foot (PSF) of RM 116.

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 338K, with most transactions falling within a stable range of RM 301K to RM 375K, and a typical market range of RM 298K to RM 379K.

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 116, though individual units vary from RM 91 to RM 141 in the core range. The broader market spans RM 88.75 to RM 143.25, indicating diverse property characteristics. The spread of RM 54.50 (IQR) and deviation of RM 25 (MAD) suggest moderate price variations reflecting different property features.

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.