TAMAN DESA DAMAI in Melaka Tengah, Melaka recorded 3 subsale transactions in 2022, with a median price of RM 270K and a median price per square foot (PSF) of RM 222.
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 270K, with most transactions falling within a stable range of RM 215K to RM 325K, and a typical market range of RM 221K to RM 319K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 222, with core pricing between RM 194 and RM 251. Market pricing typically extends from RM 196.00 to RM 248.00, 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.
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.