TMN DESA DAMAI Property Investment Analysis

Cheng, Melaka Tengah, Melaka

Median Price
RM 255,000
CAGR
-8.7%
Median PSF
RM 214.50
CAGR
+7.5%
Transactions
14
Period
2021-2024

TMN DESA DAMAI in Melaka Tengah, Melaka recorded 14 subsale transactions between 2021 and 2025, with a median price of RM 255K and a median price per square foot (PSF) of RM 215.

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 255K, with most transactions falling within a stable range of RM 200K to RM 310K, and a typical market range of RM 206K to RM 304K.

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

The median PSF stands at RM 215, with core pricing between RM 186 and RM 243. Market pricing typically extends from RM 188.50 to RM 240.50, 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.

ADVANCED FILTERS

TRANSACTIONS

14 found
Low-Cost House
JALAN BAHAGIA 7
RM 165,000
PSF: RM 236.00
Area: 700 sqft
Date: Sep 2024
2 - 2 1/2 Storey Terraced
JLN BAHAGIA 5
RM 200,000
PSF: RM 209.00
Area: 958 sqft
Date: Jun 2024
2 - 2 1/2 Storey Terraced
JLN BAHAGIA 4
RM 350,000
PSF: RM 250.00
Area: 1,399 sqft
Date: May 2024
2 - 2 1/2 Storey Terraced
JALAN BAHAGIA 4
RM 180,000
PSF: RM 129.00
Area: 1,399 sqft
Date: Jan 2024
2 - 2 1/2 Storey Terraced
JALAN BAHAGIA 4
RM 285,000
PSF: RM 204.00
Area: 1,399 sqft
Date: Oct 2023
2 - 2 1/2 Storey Terraced
JALAN BAHAGIA 4
RM 350,000
PSF: RM 220.00
Area: 1,593 sqft
Date: Jul 2023
2 - 2 1/2 Storey Terraced
JLN BAHAGIA 4
RM 350,000
PSF: RM 250.00
Area: 1,399 sqft
Date: Jul 2023
Low-Cost House
JLN BAHAGIA 7
RM 120,000
PSF: RM 172.00
Area: 700 sqft
Date: May 2023
2 - 2 1/2 Storey Terraced
JALAN BAHAGIA 4
RM 250,000
PSF: RM 179.00
Area: 1,399 sqft
Date: Mar 2023
2 - 2 1/2 Storey Terraced
JLN BAHAGIA 5
RM 220,000
PSF: RM 230.00
Area: 958 sqft
Date: Mar 2023
2 - 2 1/2 Storey Terraced
JALAN BAHAGIA 1
RM 310,000
PSF: RM 222.00
Area: 1,399 sqft
Date: Dec 2022
2 - 2 1/2 Storey Terraced
JALAN BAHAGIA 4
RM 270,000
PSF: RM 193.00
Area: 1,399 sqft
Date: Nov 2022
2 - 2 1/2 Storey Terraced
JLN BAHAGIA 3
RM 260,000
PSF: RM 271.00
Area: 958 sqft
Date: Feb 2022
2 - 2 1/2 Storey Terraced
JALAN BAHAGIA 4
RM 250,000
PSF: RM 179.00
Area: 1,399 sqft
Date: Sep 2021