TAMAN INDAH PERMAI (LAKSAMANA CHENG HO)

TAMAN INDAH PERMAI (LAKSAMANA CHENG HO) in Melaka Tengah, Melaka recorded 3 subsale transactions in 2022, with a median price of RM 525K and a median price per square foot (PSF) of RM 322.

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 525K, with most transactions falling within a stable range of RM 525K to RM 624K, and a typical market range of RM 525K to RM 561K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

Price per square foot shows a median of RM 322, though individual units vary from RM 255 to RM 389 in the core range. The broader market spans RM 297.00 to RM 347.00, indicating diverse property characteristics. The spread of RM 50.00 (IQR) and deviation of RM 67 (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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.