Melaka
Melaka Tengah
Bt Berendam
TAMAN ARA PERMAI

TAMAN ARA PERMAI

Area Intelligence

2023

Median Price

RM 719,000

PSF: RM 233

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Residential PSF Trends

Median Price

RM 719,000

PSF: RM 233

TAMAN ARA PERMAI in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 719K and a median price per square foot (PSF) of RM 233.

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 719K, with most transactions falling within a stable range of RM 638K to RM 800K, and a typical market range of RM 638K to RM 800K.

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

The median PSF stands at RM 233, with core pricing between RM 200 and RM 266. Market pricing typically extends from RM 196.75 to RM 269.25, reflecting moderate variation in unit pricing. With an IQR of RM 72.50 and MAD of RM 33, 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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