TAMAN PENGKALAN MINYAK DAMAI

Area Intelligence
Median Price
RM 288,000
PSF: RM 163

Residential PSF Trends

Median Price

RM 288,000

PSF: RM 163

TAMAN PENGKALAN MINYAK DAMAI in Melaka Tengah, Melaka recorded 7 subsale transactions between 2021 and 2025, with a median price of RM 288K and a median price per square foot (PSF) of RM 163.

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 288K, with most transactions falling within a stable range of RM 238K to RM 338K, and a typical market range of RM 248K to RM 329K.

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 163, though individual units vary from RM 129 to RM 197 in the core range. The broader market spans RM 135.75 to RM 190.25, indicating diverse property characteristics. The spread of RM 54.50 (IQR) and deviation of RM 34 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PENGKALAN MINYAK DAMAI, Melaka Tengah, Melaka

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