| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Bahagia 7
|
RM 120,000
|
RM 172
|
700 sqft
|
|
|
Jalan Bahagia 5
|
RM 220,000
|
RM 186
|
1,184 sqft
|
|
|
Jalan Bahagia 4
|
RM 285,000
|
RM 222
|
1,281 sqft
|
|
|
|
Jalan Bahagia 4
|
RM 350,000
|
RM 273
|
1,281 sqft
|
|
|
|
Jalan Bahagia 4
|
RM 350,000
|
RM 273
|
1,281 sqft
|
|
|
Jalan Bahagia 4
|
RM 250,000
|
RM 187
|
1,335 sqft
|
|
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Market Snapshot
ResidentialRM 267,500
RM 205 psfMedian transaction price
Taman Desa Damai Cheng, 75250 Melaka, Malaysia
MapsTaman 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 205.
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 188K to RM 347K, 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.
Price per square foot shows a median of RM 205, though individual units vary from RM 164 to RM 246 in the core range. The broader market spans RM 178.90 to RM 230.90, indicating diverse property characteristics. The spread of RM 52.00 (IQR) and deviation of RM 41 (MAD) suggest moderate price variations reflecting different property features.
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.