Melaka
Melaka Tengah
Bdr Melaka
TAMAN INDAH PERMAI (LAKSAMANA CHENG HO)

TAMAN INDAH PERMAI (LAKSAMANA CHENG HO)

Area Intelligence

2023

Median Price

RM 555,000

PSF: RM 361

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Residential PSF Trends

Median Price

RM 555,000

PSF: RM 361

TAMAN INDAH PERMAI (LAKSAMANA CHENG HO) in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 555K and a median price per square foot (PSF) of RM 361.

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 555K, with most transactions falling within a stable range of RM 520K to RM 590K, and a typical market range of RM 520K to RM 590K.

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

For price per square foot, the median is RM 361, with most transactions between RM 338 and RM 383. The usual range is RM 335.50 to RM 385.50, showing that most units are priced quite close to each other. With an IQR of RM 50.00 and MAD of RM 23, 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. 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.

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TAMAN INDAH PERMAI (LAKSAMANA CHENG HO), Melaka Tengah, Melaka

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