Melaka
Melaka Tengah
Cheng
TAMAN DESA DAMAI

TAMAN DESA DAMAI

Area Intelligence

2022

Median Price

RM 290,000

PSF: RM 208

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Residential PSF Trends

Median Price

RM 290,000

PSF: RM 208

TAMAN DESA DAMAI in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 290K and a median price per square foot (PSF) of RM 208.

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 290K, with most transactions falling within a stable range of RM 270K to RM 310K, and a typical market range of RM 270K to RM 310K.

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

For price per square foot, the median is RM 208, with most transactions between RM 193 and RM 222. The usual range is RM 181.50 to RM 233.50, showing that most units are priced quite close to each other. With an IQR of RM 52.00 and MAD of RM 15, 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.

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TAMAN DESA DAMAI, Melaka Tengah, Melaka

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