Melaka
Melaka Tengah
Bt Berendam
TAMAN ARA PERMAI

TAMAN ARA PERMAI

Area Intelligence

2021

Median Price

RM 740,000

PSF: RM 321

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Residential PSF Trends

Median Price

RM 740,000

PSF: RM 321

TAMAN ARA PERMAI in Melaka Tengah, Melaka recorded 2 subsale transactions in 2021, with a median price of RM 740K and a median price per square foot (PSF) of RM 321.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 321, with most transactions between RM 321 and RM 321. The usual range is RM 284.25 to RM 356.75, showing that most units are priced quite close to each other. With an IQR of RM 72.50 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

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.

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TAMAN ARA PERMAI, Melaka Tengah, Melaka

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