Melaka
Melaka Tengah
Bt Berendam
TAMAN ARA PERMAI

TAMAN ARA PERMAI

Area Intelligence

2023

Median Price

RM 850,000

PSF: RM 220

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Residential PSF Trends

Median Price

RM 850,000

PSF: RM 220

TAMAN ARA PERMAI in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, priced between RM 750K and RM 2.00 million, with a median price of RM 850K 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 850K, with most transactions falling within a stable range of RM 800K to RM 900K, and a typical market range of RM 800K to RM 900K.

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

Price per square foot shows a median of RM 220, though individual units vary from RM 173 to RM 266 in the core range. The broader market spans RM 183.50 to RM 256.00, indicating diverse property characteristics. The spread of RM 72.50 (IQR) and deviation of RM 47 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN ARA PERMAI, Melaka Tengah, Melaka

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