Taman Bukit Nibong Damai

Taman Bukit Nibong Damai in Melaka Tengah, Melaka recorded 15 subsale transactions between 2021 and 2026, with a median price of RM 299K and a median price per square foot (PSF) of RM 179.

This area contains both residential and commercial properties. View 12 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 299K, with most transactions falling within a stable range of RM 269K to RM 403K, and a typical market range of RM 269K to RM 340K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 179, with core pricing between RM 152 and RM 206. Market pricing typically extends from RM 168.91 to RM 188.41, reflecting moderate variation in unit pricing. The spread of RM 19.50 (IQR) and deviation of RM 27 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.