TMN DESA DAMAI

TMN 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 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.

The median PSF stands at RM 212, with core pricing between RM 185 and RM 240. 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 28, the PSF demonstrates reasonable consistency across the market.

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.