TAMAN DATO' PALEMBANG

TAMAN DATO' PALEMBANG in Melaka Tengah, Melaka recorded 2 subsale transactions in 2024, with a median price of RM 344K and a median price per square foot (PSF) of RM 220.

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 344K, with most transactions falling within a stable range of RM 300K to RM 388K, and a typical market range of RM 308K to RM 380K.

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

The median PSF stands at RM 220, with core pricing between RM 197 and RM 243. Market pricing typically extends from RM 200.88 to RM 239.13, reflecting moderate variation in unit pricing. With an IQR of RM 38.25 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.