|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Jalan Bahagia 7
|
RM 165,000
|
RM 236
|
700 sqft
|
|
LC House |
|
Jalan Bahagia 5
|
RM 200,000
|
RM 169
|
1,184 sqft
|
|
2-Sty Terrace |
|
Jalan Bahagia 4
|
RM 350,000
|
RM 273
|
1,281 sqft
|
|
2-Sty Terrace |
|
Jalan Bahagia 4
|
RM 180,000
|
RM 141
|
1,281 sqft
|
|
2-Sty Terrace |
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Market Snapshot
ResidentialRM 190,000
RM 202 psfMedian transaction price
Taman Desa Damai Cheng, 75250 Melaka, Malaysia
MapsTaman Desa Damai in Melaka Tengah, Melaka recorded 4 subsale transactions in 2024, with a median price of RM 190K and a median price per square foot (PSF) of RM 202.
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 190K, with most transactions falling within a stable range of RM 165K to RM 264K, and a typical market range of RM 165K to RM 239K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
Price per square foot shows a median of RM 202, though individual units vary from RM 150 to RM 255 in the core range. The broader market spans RM 176.37 to RM 228.37, indicating diverse property characteristics. A wider spread (IQR: RM 52.00) and deviation (MAD: RM 53) indicate significant PSF variations, likely due to diverse property types or conditions.
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.