TAMAN DESA DAMAI in Melaka Tengah, Melaka recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 200K and a median price per square foot (PSF) of RM 230.
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 200K, with most transactions falling within a stable range of RM 145K to RM 255K, and a typical market range of RM 151K to RM 249K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 230, with core pricing between RM 202 and RM 259. Market pricing typically extends from RM 204.00 to RM 256.00, reflecting moderate variation in unit pricing. With an IQR of RM 52.00 and MAD of RM 29, 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.