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 495K to RM 626K, and a typical market range of RM 495K to RM 563K.

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

The median PSF stands at RM 322, with core pricing between RM 263 and RM 381. Market pricing typically extends from RM 298.75 to RM 345.25, reflecting moderate variation in unit pricing. The spread of RM 46.50 (IQR) and deviation of RM 59 (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.