TAMAN DESA DAMAI

TAMAN DESA DAMAI in Melaka Tengah, Melaka recorded 6 subsale transactions in 2023, with a median price of RM 268K and a median price per square foot (PSF) of RM 212.

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 268K, with most transactions falling within a stable range of RM 213K to RM 323K, and a typical market range of RM 218K to RM 317K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 212, with core pricing between RM 184 and RM 241. Market pricing typically extends from RM 186.00 to RM 238.00, 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.